Calls for House Sellers to Pay Stamp Duty Instead of First-Time Buyers: Man and Van Comments
Last week Andrew McPhillips (economist at Yorkshire Building Society) called on the chancellor to change the stamp duty law, stating that he and many others believe that stamp duty should be paid by the sellers of homes and not the buyers. The reason behind this is to reduce costs for first-time house buyers, enabling more young people to get on the property ladder.
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