Stamp duty cut could unlock 216,000 house moves

Industry News | 09/07/20

Analysis from the TaxPayers’ Alliance (TPA) shows that the chancellor’s raising of the stamp duty land tax threshold to £500,000 could unlock 216,000 house moves. TPA says that the cost of stamp duty means that “for some people who might consider moving, the benefits no longer outweigh the costs. They either decide not to move at all or delay doing so”.

Source: financial reporter