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by faisalkhalid80
3081 days ago
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Limited by data here unfortunately. The data source I'm using is Land Registry, which only shows successful deals. Regarding transaction costs, in the UK its around 1.5% for broker fees, plus moving and legal costs. There's also capital gains tax on profits generated on the sale, which is a complex mathematic, and applies if its 'not your first home'. And stamp duty (varies by price) which you pay on purchase. I understand all of your points, and from what you're saying, with the fee levels you've described, it does sound like the UK is different from Canada. |
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