The latest research from Jefferies London shows that, as many await news of potential Stamp Duty reform in the upcoming Autumn Budget, homebuyers across the capital have collectively paid almost £25bn (£24.9bn) in Stamp Duty over the last ten years, with buyers in prime central London contributing the largest share by a considerable margin.
Propertymark has highlighted that any future changes to the current Stamp Duty system across England and Northern Ireland must be carefully considered, fit for future purpose, and encourage the concept of homeownership for those who aspire to it.
Proposals for a 'proportional' property tax regime must be wisely measured in alliance with key industry stakeholders and deliver a dynamic...
