Get the latest property market news straight to your inbox For those looking to buy property or land in the UK a tax will usually need to be paid for it.
Stamp Duty, a tax you pay if you buy a residential property or land in England or Northern Ireland over a certain price, is set to change.
The tax has previously been paid on properties worth £500,000 or more but this was temporarily suspended last year. Chancellor Rishi Sunak announced last July a Stamp Duty suspension in order to keep the property market moving during the coronavirus pandemic.
That suspension is now due to run out on June 30 unless Mr Sunak announces further extensions to the tax-free holiday. It means a number of changes for those wanting to get onto the property ladder
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