Homebuyers paid £15.2bn in stamp duty over the 12 month period.
Homebuyers paid £15.2bn in stamp duty over the 12 month period.
In the last year, the total estimated stamp duty bill for first-time buyers has jumped from £101m to £408m.
Nearly £392m in potential estate agency revenue and £515m in potential stamp duty receipts were lost last year to fall throughs.
Homebuyers paid £899m in stamp duty in January.
Homebuyers paid £15.4bn in stamp duty last year.
First time buyers reveal their confidence is low regarding their prospects under the current government.
The OBR’s latest outlook shows tax on buying residential property in England and Northern Ireland will rise to £19.7bn by 2030-31.
We asked housing market experts, from brokers to lenders, for their pre-Budget wish-lists.
Less than 4% feel optimistic about the next six months.
Homebuyers have paid £12.3bn in stamp duty this year.
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