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Stamp Duty scrapped on all homes under £500,000 with immediate effect

The Chancellor has announced with immediate effect that Stamp Duty has been scrapped on all homes under £500,00 with immediate effect. This is a good move to inject life into the housing market, which has seen a significant drop in activity due to the COVID 19 Pandemic.

https://www.independent.co.uk/news/uk/politics/stamp-duty-cut-rishi-sunak-housing-property-market-update-a9607861.html