When to Hold a General Election
Politics Unpacked
00:00
The Importance of Stamp Duty for Older People
TV presenter Kirsty Wigglesworth says stamp duty is discouraging older people from downsizing. Someone selling their home for £700,000 and buying another one for £500,000 would at present have to pay £12,000 in stamp duty. They've been recalled calls to reform the system so that larger houses can be freed up for younger families who need the space.
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