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Stamp duty taxes top £15bn in 10 months: HMRC   – Mortgage Strategy

Summary by Mortgage Strategy
Stamp duty receipts lifted 19% to £15.1bn between April and January compared to the same period last year, according to HMRC figures.   The £2.4bn rise comes ahead of an expected spike in housebuying as borrowers rush to avoid rises in the levy that take place on 1 April.  HMRC adds that the uplift in the tax between October and December is, “mainly driven by increased transaction levels”.  The current stamp duty threshold of £250,000 will ha…
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Mortgage Finance GazetteMortgage Finance Gazette

Stamp duty receipts top £15bn in 10 months: HMRC   – Mortgage Finance Gazette

Stamp duty receipts lifted 19% to £15.1bn between April and January compared to the same period last year, according to HMRC figures.   The £2.4bn rise comes ahead of an expected spike in housebuying as borrowers rush to avoid rises in the levy that take place on 1… The post Stamp duty receipts top £15bn in 10 months: HMRC   appeared first on Mortgage Finance Gazette.

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Mortgage StrategyMortgage Strategy

Stamp duty taxes top £15bn in 10 months: HMRC   – Mortgage Strategy

Stamp duty receipts lifted 19% to £15.1bn between April and January compared to the same period last year, according to HMRC figures.   The £2.4bn rise comes ahead of an expected spike in housebuying as borrowers rush to avoid rises in the levy that take place on 1 April.  HMRC adds that the uplift in the tax between October and December is, “mainly driven by increased transaction levels”.  The current stamp duty threshold of £250,000 will ha…

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theintermediary.co.uktheintermediary.co.uk

Homebuyers paid £848m in Stamp Duty in January, data finds - The Intermediary - Latest UK mortgage news

Homebuyers paid £848m, in Stamp Duty in January, a £40m increase from January 2024, according to Coventry Building Society’s analysis of latest HMRC statistics. The increase is likely to have been fuelled by a rush in activity as buyers race to beat the upcoming tax changes, and the increased surcharge paid on second properties – which came into effect from 31st October. Buyers now have a little over five weeks until 31st March, when the nil-rat…

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theintermediary.co.uk broke the news in on Friday, February 21, 2025.
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