A pedestrian looks at residential sales displayed in the window of an estate agent in Loughborough, UK. Photo: Bloomberg
A pedestrian looks at residential sales displayed in the window of an estate agent in Loughborough, UK. Photo: Bloomberg

Hongkongers heading to UK under BN(O) visa scheme undeterred by end of stamp duty holiday, surging home prices

  • London has reimposed at least a 5 per cent tax on property purchases in England and Northern Ireland, officially winding up a stamp duty holiday that began a year ago
  • As homebuyers rushed to beat the July 1 deadline, the UK’s average home price shot up 10 per cent year on year in May to £254,624

Topic |   British National (Overseas) passport
A pedestrian looks at residential sales displayed in the window of an estate agent in Loughborough, UK. Photo: Bloomberg
A pedestrian looks at residential sales displayed in the window of an estate agent in Loughborough, UK. Photo: Bloomberg
READ FULL ARTICLE