HC Deb 28 November 2000 vol 357 c589W
Mr. Loughton

To ask the Chancellor of the Exchequer how many residential property sales took place in each of the last three years which were not eligible for stamp duty. [139166]

Miss Melanie Johnson

[holding answer 20 November 2000]: Estimates of the number of residential property sales in the United Kingdom which were not liable to stamp duty since the sale price did not exceed £60,000, are as follows:

Number
1997–98 750,000
1998–99 660,000
1999–2000 660,000

In each of these years the number of non-liable residential transactions were estimated to be over two fifths of the total residential transactions.

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