High-end sales surge boosts stamp duty receipts
Latest quarterly stats from HMRC signal 'significant' activity at the top-end - and reveal the impact of the recently-introduced overseas buyer surcharge...
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London’s high-end homebuyers ‘paid 12% of the stamp duty owed across England last year’
The 675 £3m+ deals recorded in the capital in 2020 generated a combined total of £368.6m in stamp duty, according to research by Enness Global.
Latest HMRC data reveals 27% slump in resi stamp duty receipts
Properties valued at over £1mn accounted for just 4% of all transactions in 2023-24, but over half of total SDLT receipts.
High-end sales still surging in Prime London
LonRes records spike in under-offer numbers as prices breach pre-pandemic levels
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