Rising luxury property transactions chime with a wider backdrop of a buoyant UK real estate market driven by the ‘Boris bounce’ after the 2019 election result, the resolution of Brexit, a cheaper currency for foreign buyers and an extended zero stamp duty holiday for properties up to GBP500,000
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London property market
Extended UK stamp duty holiday set to lure more Gulf buyers
The government tax break is a boon for Arab property buyers who are looking to take advantage of gains in the London market