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Housing sales may increase up to 5% due to stamp duty change

11 Dec 2014

The Royal Institute of Chartered Surveyors (RICS) said yesterday that they expect housing transactions to increase by 2-5% over the next year, due to the extra impetus given by recent stamp duty rate changes

A higher number of transactions normally coincides with rising prices

The fact that buying costs have been lowered for all properties under £937,000 means that approximately 98% of buyers will benefit

Stamp Duty Land Tax (SDLT) is applicable to specialist student property, so Go Global clients will typically benefit when they buy two or more unit

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