Stamp Duty on House Purchases

Rather than the purchaser having to pay the stamp duty, let the payment be made by the seller.

Why does this idea matter?

In order to kick start the housing market and for those who have made a profit on the house that they are selling, change the present regulation so that the seller pays the stamp duty.

Note numerous properties are now on the market where the seller is offering to pay for the stamp duty.

For those who have properties with a negative equity then no stamp duty to be paid by either party.

 

 

 

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