Despite warnings of a fall in transaction volumes and a slump in Stamp Duty receipts the latest numbers published by HMRC show a 16% rise in tax take to £9.5bn and an increase in the number of homes sold between £1m-£2m. Even for sales of homes over £2m there hasn’t been the predicted fall.
I debated the warnings on the Today Program in December 2016 with the boss of London Central Portfolio. At the time there were a number of research folk in the biggest estate agencies who were perplexed by the numbers being floated but I had the chance to question the numbers with Dominic O’Connell on air.
[wpdevart_youtube width=”640″ height=”385″ autoplay=”0″ theme=”light” loop_video=”0″ enable_fullscreen=”1″ show_related=”1″ show_popup=”0″ thumb_popup_width=”213″ thumb_popup_height=”128″ show_title=”1″ show_youtube_icon=”1″ show_annotations=”1″ show_progress_bar_color=”red” autohide_parameters=”1″ set_initial_volume=”false” initial_volume=”100″ disable_keyboard=”0″]https://youtu.be/fcjShiA3v3w[/wpdevart_youtube]
