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Stamp duty set to cool buy-to-let sector

by Judith Evans, November 27th 2015

Wealthy property owners and their estate agents had hoped for a reprieve in this week’s Autumn Statement from higher rates of stamp duty that have slowed purchases of expensive homes by almost a fifth.

Instead, they received a hostile message from the Treasury: a three percentage-point stamp duty surcharge that not only makes buying a second home or investment property more expensive, but may signal yet more measures to dampen the buy-to-let market.

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