The government is likely to retract the property curb of high stamp duty on buying luxury London homes next spring, according to Evans Randall. Photo: AFP
The government is likely to retract the property curb of high stamp duty on buying luxury London homes next spring, according to Evans Randall. Photo: AFP
Brexit

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

  • 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
  • Since the stamp duty was first raised in 2014, many parts of central London have seen a decline in prices of 20 per cent

The government is likely to retract the property curb of high stamp duty on buying luxury London homes next spring, according to Evans Randall. Photo: AFP
The government is likely to retract the property curb of high stamp duty on buying luxury London homes next spring, according to Evans Randall. Photo: AFP
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