Property site Rightmove says market for smaller properties experiencing record highs despite overall decline
Buyers paid no stamp duty on the first £500,000 of the purchase price before the end of June. The threshold at which the tax on property purchases begins fell to £250,000 on 1 July. In September it returns to the pre-pandemic level of £125,000. First–time buyers can purchase homes costing up to £300,000 without incurring stamp duty from 1 July. A similar tax break in Scotland and Wales has ended.It said the overall monthly fall was driven by a 0.
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