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Race for space sends stamp duty receipt skywards

Race for space sends 2021 stamp duty tax receipt skyward


Race for space sends stamp duty receipt up £5.3 billion.

“2021 was a record year for the Treasury, with the highest ever stamp duty receipts in a calendar year and it’s no surprise that this tax revenue stream remains strong in 2022, particularly with house prices continuing to rise and demand staying strong amid the ‘race for space’ created by home owners changing requirements”, said Coventry Building Society head of intermediary relationships, Jonathan Stinton.

If you are running in the ‘race for space’ and require additional funds for your next property, contact one of our experts and find out how much you could borrow.

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