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The Independent UK
The Independent UK
Business
Vicky Shaw

Home buyers ‘may look to split higher stamp duty costs with sellers’

Some home buyers putting in offers from Tuesday may ask to split the cost of higher stamp duty rates with sellers, a property market expert has said.

From April 1, nil rate stamp duty discounts will shrink, with first-time buyers seeing the zero rate threshold reduce from £425,000 to £300,000 and home movers seeing theirs halve from £250,000 to £125,000. Stamp duty applies in England and Northern Ireland.

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