Welcome to Stamp Duty Reform UK, the campaign group focused on encouraging the Government to change its policy on Stamp Duty.
Stamp Duty (or Stamp Duty Land Tax to give it its full name) in its current form is a barrier to recovery in the UK housing market. It pushes the cost of moving to a level most people just can’t afford. It’s the number of sales that indicate a healthy market, not dramatically rising prices.
Recent reports of a recovery in the market and a ‘housing bubble’ are misleading. Wealthy foreigners are driving up prices in London at such a rapid rate that the true state of the market is masked. Many other regions are still suffering from a real-terms drop in prices and the number of transactions remains depressed.
Please read on!
Stamp Duty: A vicious burden
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