Stamp duty pressure piles up on Darling

The UK's largest professional body for estate agents has piled more pressure on the Chancellor to clear up the uncertainty surrounding stamp duty.

The National Association of Estate Agents made fresh calls for Alistair Darling to provide some clarity on the issue after he refused to confirm whether the Treasury had plans in place to defer the payments for first-time buyers.

Peter Bolton King, chief executive of the NAEA, said: 'I understandably have been taking a plethora of concerned calls from members, some of whom are already starting to feel the impact this comment has had on ready-and-waiting purchasers,' the FT reported.

Further reading:

Treasury keeps mum over stamp duty break