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After 25 years of stamp duty, UK homebuyers see 490 percent tax cost increase

News Team, 14/10/2021

New analysis by London lettings and estate agent, Benham and Reeves, has revealed that in the last 25 years, the cost of stamp duty has increased by 490 percent for the average homebuyer.  

Now that the stamp duty holiday is done and dusted, the average homebuyer in England will once again pay the UK government for the pleasure of purchasing their own home, a bill of £3,548 on the current average house price to be exact.

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