Stamp duty dithering hits 83% of home movers

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A large majority of potential home movers are delaying their home purchase in hope of a possible stamp duty holiday.

Earlier in August, Chancellor Alistair Darling hinted at a possible stamp duty break to help revive the housing market, but the Government has yet to confirm its plans, leading to widespread criticism. A survey for Moveme.com of almost 1,500 potential home movers found 83% have delayed their decision to move home until the stamp duty position becomes clear. When asked how the Chancellor’s announcement has affected them, 63% of those surveyed said they were postponing their move, while 20% had pushed back the date they were hoping to move home. Only 17% said they were unaffected. One h...

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