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The Independent UK
The Independent UK
Business
Vicky Shaw

Cutting stamp duty could push up mortgage bills, expert warns

Sarah Coles Economic Growth Hargreaves Lansdown
PA Archive

Home buyers may welcome a potential stamp duty cut but they could also end up paying bigger monthly mortgage bills, a finance expert has warned.

Ahead of Chancellor Kwasi Kwarteng’s mini-budget on Friday, The Times reported that radical plans to cut stamp duty are in the pipeline as part of efforts to boost economic growth. Downing Street refused to comment.

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