Stamp Duty

Treasury written question – answered on 24th March 2005.

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Photo of Ms Sue Doughty Ms Sue Doughty Shadow Minister (the Environment), Environment, Food & Rural Affairs

To ask the Chancellor of the Exchequer how many properties in England and Wales on which stamp duty was levied at a rate of one per cent. were sold at between £60,000 and £120,000 in each year since 2000; and how many of these properties were sold to first time buyers in each year.

Photo of Stephen Timms Stephen Timms The Financial Secretary to the Treasury

Estimates of the number of residential properties selling for between £60,000 and £120,000 in England and Wales, on which stamp duty was levied at 1 per cent. are given in the following table for 2000 to 2003 inclusive. Estimates for 2004 will be available later in the year.

It is not possible to provide this information for first time buyers.

Thousand
Estimated number of residential properties sold for between £60,001 and £120,000
2000 430
2001 447
2002 453
2003 338

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