HC Deb 23 February 1990 vol 167 cc966-7W
Mr. Austin Mitchell

To ask the Chancellor of the Exchequer whether he will publish a table showing for sales of domestic premises in 1988–89(a) the number of transactions in each region and (b) the number which were exempt for falling under the duty threshold.

Mr. Lilley

The available information is given in the following table. Reliable estimates for Scotland and Northern Ireland are not available.

Sales of residential property in 1988–89 by region in England and Wales
Total number of transactions Number not above stamp duty threshold of £30,0001
(thousands) (thousands)
North 92 58
Yorkshire and Humberside 193 117
East Midlands 156 68
East Anglia 73 11
South East 457 52
Greater London 279 25
South West 202 37
West Midlands 157 62
North West 221 126

Total number of transactions Number not above stamp duty threshold of £30,0001
(thousands) (thousands)
Wales 99 51
England and Wales 1,928 608
1 Excludes 63,000 purchases of new leases with premiums below £30,000 which have different rules as to calculation of duty according to the premium and rental elements.

Source: Surveys of Conveyancing 1988 and 1989.

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