Money Facts: Stamp Duty

ANORAK’S look at money news in the media

THE TELEGRAPH: “Home buyers in the South are paying more than three times as much stamp duty as those in the North of the country, new figures show.

“People buying a property in the South of the UK paid an average of £6,280 in stamp duty during 2006-07, while those in the North paid just £1,994 during the same period, according to online mortgage firm mform.co.uk.”

Astounding.

Anyone else think this is because homes in the south cost more than they do in the north?

Anorak

Posted: 31st, December 2007 | In: Broadsheets, Money Comment (1) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink