Cost of tax adds to first home loan

Stamp duty land tax is costing property buyers nine times more than it did ten years ago, Halifax has found.The Treasury is expected to take over £4 billion in stamp duty this financial year, according to the Halifax, who claims that revenue from stamp duty has risen from £465 million in 1993-4.A new survey by the mortgage lender shows that 81 per cent of people think the current stamp duty regime is unfair on first-time buyers. Seventy per cent of those questioned said that the Government sho