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Stamp duty rise splits prime country house market

Posted on 02 April 2013

Britain’s country houses have split into a “two-speed” market, estate agents report, as wealthy foreign buyers chase the priciest estates, but City cutbacks and tax changes depress demand for less expensive homes.
Prices in the prime country house market showed a 0.4pc rise in the first quarter of this year compared to the previous three months, according to an index tracking the prices of homes sold by estate agency Knight Frank. That marked its first increase in two years………………………………………..Full Article: Source


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