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Evening Standard
Evening Standard
Politics
Nicholas Cecil

Rush to buy London homes before stamp duty rises in Budget hit

Home buyers will rush to complete deals in London and other regions in the first months of next year to avoid a hike in stamp duty, the chief economist of a major building society has said.

The surge in activity in the property market could push up prices as more people compete to purchase houses and flats in time to beat the April 1 deadline when stamp duty rises will come into force.

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