Revealed: The London postcodes offering foreign buyers the largest stamp duty discounts

News Team, 24/11/2020

Foreign buyers are buying London property in large numbers, as they look to take advantage of the current stamp duty holiday and avoid the two percent surcharge they’ll face from April 2021.

Research by high-net-worth mortgage broker, Enness Global, found foreign buyers could save £23,540 in stamp duty by buying now compared with buying after April next year.

In London’s prime property market, the saving increases to £38,808 based on the current median sold price this...

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