Surge in sales as city centre investors rush to beat Stamp Duty hike

BIRMINGHAM city centre property consultancy FleetMilne Property has reported an unprecedented surge in apartment sales in January as investors rush to beat the Stamp Duty Land Tax (SDLT) hike on additional properties which comes into effect on April 1.

Apartment sales totalling more than £2m were completed by the Colmore Row based-firm in the first month of the year, representing a huge 800% increase on the January 2015 figure.

According to managing director Ben Evans the introduction of higher rates of SDLT outlined ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...

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