Op­ti­mism in North York­shire mar­ket

Yorkshire Post - Property - - PROPERTY NEWS -

PREDICT: The re­main­ing thorn in the side of the hous­ing mar­ket is stamp duty, ac­cord­ing to Har­ro­gate-based Search Part­ner­ship headed by Toby Mil­ward and Tom Robin­son. It now costs £93,750 in stamp duty to buy a £1.5m house. This in­creases to £138,750 if you buy a sec­ond home. “A stamp duty re­duc­tion would lead us to a more op­ti­mistic fore­cast for this year but money is cheap to bor­row so we still predict house price growth of three per cent in North York­shire over the next 12 months.” The Search Part­ner­ship is a prop­erty find­ing and ad­vice ser­vice, www. the­search­part­ner­ship.co.uk, tel: 01423 324716

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