Property News · September 24, 2019

Looking to invest in London property? Wait for stamp duty to be cut next spring, says fund manager


Property investors eyeing London might be better off waiting for the British government to reduce the stamp duty on the capital’s houses, rather than buying now to take advantage of the weak pound.The government is likely to retract the property curb of high stamp duty on buying luxury homes next spring, and while the pound may have by then recovered some of its lost value, the savings from paying the lower tax will be bigger, according to Evans Randall, a London-based private funds manager…

Source : South China Morning Post
Read more…Looking to invest in London property? Wait for stamp duty to be cut next spring, says fund manager

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