Lloyds Bank data suggests higher stamp duty and uncertainty over election result in May slowed top discontinuance of property market The number of homes changing hands for more than £1m dropped by 11% in the first half of the year,as higher stamp duty and uncertainty over the general election result slowed the top discontinuance of the property market. Figures from Lloyds Bank showed the number of seven-figure homes bought in Britain between January and June was 5599, compared with 6303 for the same period in 2014.
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Source: theguardian.com