Autumn Statement: OBR warns house sales 'could rise' with stamp duty changes
Changes to stamp duty outlined in the chancellor's Autumn Statement could lead to a rise in house prices in some areas, the Office for Budget Responsibility (OBR) has said.
Robert Chote said that the OBR forecast that the changes would eventually lead to a 1% increase in the number of house sales.
George Osborne announced the new graduated rate of stamp duty, to come into effect from midnight.
03 Dec 2014
- From the section UK Politics