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An end to stamp duty? What the rumoured new property tax could mean for London home movers

by News Room
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Chancellor Rachel Reeves is reportedly considering introducing a new tax on the sale of homes worth more than £500,000, a move experts say risks further slowing down the London market.

Treasury officials have been asked to initially examine the potential for a national property tax, which would replace stamp duty on owner-occupied homes, sources told the Guardian.

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