Submitted on Monday 12th March 2012
Published on Wednesday 21st March 2012
Current status: Closed
Closed: Friday 21st September 2012
Signatures: 6
Tagged with
Stamp Duty threshold needs to change
The threshold for the higher rate of Housing Stamp Duty has not changed to reflect the massive rise in house prices over recent years. The 3% figure currently starting at £250,000, should be increased to at least £350,000. This would allow families to move easier up the ladder thereby freeing up more housing for 1st time buyers and also stimulate the housing economy.
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