Financial expert Martin Lewis has issued advice to those due to pay stamp duty ahead of the alleged cut. Prime Minister Liz Truss is expected to announce plans to cut stamp duty on Friday in a bid to drive economic growth.
According to The Times, the Prime Minister and Chancellor Kwasi Kwarteng have been working on plans to cut stamp duty for around a month. Ms Truss hopes that, by cutting stamp duty, more people will be able to move and first-time buyers will be able to get on the property ladder.
On today's instalment of Good Morning Britain, presenter and financial journalist Martin Lewis gave advice to viewers amid the rising cost of living. Ahead of Friday's expected announcement, Martin's co-presenter Susanna Reid said to him: "There will be plenty of people right now who are in the middle of buying a property.
