Since the property changes hands twice in the transaction, an Islamic mortgage is theoretically liable to double stamp duty.
Small, relatively inexpensive flats now dominate the market there, it said, as affordability constraints and double stamp duty rates on larger properties have altered demand.
"It's the double stamp of commerce and cultural diversity that has marked New York from the very beginning," Ms. Johnson said.
And if there were a change of government leading to substantially increased taxes on housing after I moved, I might need to move again, facing a double stamp duty whammy.
As most UK mortgages involve the house buyer borrowing money, the regime of a double stamp duty on those mortgages that complied with Islamic law was a significant barrier to the development of more widespread home finance for Muslims.
Rakhila Parveen, a trainee GP from Bolton, is one of many in the Muslim community who welcomed yesterday's news that the practice of paying double stamp duty on Islamic mortgages is to be abolished.
A good example of the way in which such a process of accommodation can work successfully is the Finance Act 2003, which abolished an excessive and double stamp duty on mortgages that comply with the Islamic law (Sharia) prohibiting the charging of interest.
There are two truths in this world; you can't triple stamp a double stamp, and a product can't be delayed if a release date was never set for it.
There are only 20 songs from three indie artists (Blue Judy, Double Stamp, and the Stolen cars), but that should grow to about 30 artists within the next few weeks.
However, the win may come at some cost for Leinster as prop Jack McGrath could be facing a citing for an apparent double stamp on his Ireland colleague Rory Best's ankle during a second-half ruck.
