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Evening Standard
Evening Standard
Charlotte Duck

Stamp duty hangover hits London as 80 per cent of first-time buyers face higher tax from April

London Zoopla Help to Buy

It was good while it lasted but London’s property market is now facing a spring hangover as the effects of the end of the stamp duty holiday take effect.

The end of the discounted rate, introduced by the Conservative government, means that first-time buyers in London could owe several thousands more than planned if they fail to complete their purchase before the end of 31 March.

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