The starting threshold for land transaction tax ('stamp duty') increases on July 27th from £180,000 to £250,000. This is a tax reduction that will last until 31st March 2021. What will the impact be?
Let's take a look at the pre-reduction position (no stamp duty to £180,000) on houses for sale in Rhuthun/Ruthin:
- Houses at £250k and over: 20 houses for sale in town. Three STC
- £249K and under: 29 houses for sale and 23 STC.
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Housing