Great Idea Gordon, but Here in London We Can Only Find a Handful of Houses That Qualify for Stamp Duty Changes

Summary


ONLY one in 20 London housebuyers will benefit from Gordon Brown's decision to double the stamp duty threshold to Pounds 120,000, experts claim today.

The Chancellor announced in his Budget that the change was meant to help "hardworking families".

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Extract


Great Idea Gordon, but Here in London We Can Only Find a Handful of Houses That Qualify for Stamp Duty Changes

But independent bodies said the measure would do little for first- time buyers, especially in London.

They say the rise in h...

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