Stamp duty rise prompted rush in luxury home sales

9 January 2015

Financial Times (News)

Unexpected tax reforms in December pushed sales of houses in London’s most expensive areas to their highest one-day volume for a decade, figures show. In parts of the capital such as Knightsbridge, Chelsea and Belgravia, more homes changed hands on the day of the Autumn Statement, when the stamp duty reform was announced than on any other day in the past decade, according to research by Lonres and Dataloft. 

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