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The Independent UK
The Independent UK
Albert Toth

Half a million homebuyers face £11k cliff-edge in race to beat stamp duty changes

Over half a million homebuyers face losing an up to £11,250 in the coming months as they race to complete purchases ahead of Labour’s upcoming changes to stamp duty, according to a property website.

A new report from Rightmove shows that there are currently 550,000 homes which have been sold that are awaiting completion, up 25 per cent from the same time last year.

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