The latest research from high-net-worth mortgage broker, Enness Global, has revealed that in some parts of the high-end London market homebuyers are still looking at a stamp duty bill of £1.6m, despite today’s announcement. The chancellor has scrapped stamp duty on property transactions up to the £500,000 mark, a move that will be welcomed by the average home buyer who stands to save nearly £2,500 on their purchase. Of course, this saving will be more notable in some parts of the market, with the average London homeowner due to save over £14,000 on their transaction. With this stamp duty holiday … Continue reading The Prime Property Pockets Where Stamp Duty Hits £1.6m, Even With a Stamp Duty Holiday