stamp duty rate

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The British multi-million pound property market heats up: crisis, do you say?

LONDON | Although less than 0.5% of homes in Britain would be affected by the increase in the stamp duty rate for multi-million pound homes announced in the 2012 budget, according to research by Lloyd, the very top end of the market just hit a historic high in sales. Does it need cool down? The total number of sales of properties that cost at least one million pounds in Great Britain was…