Stamp duty bill five times higher for Southerners

The website claims the costs of stamp duty are driving people out of London and the South East and boosting populations in other regions. According to SmartNewHomes.com, the average stamp duty bill in the South is £7,533 higher than in the North. The highest average stamp duty bill is seen in Greater London, at £12,184, while the East Midlands has the lowest bills, with an average of £2,130. “New home buyers in the South East are being penalised for living in the most expensive parts of the UK,” says David Bexon, managing director of SmartNewHomes.com. “Average new home prices in the So...