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Can i save money on stamp duty?

April 26, 2017duty save money stamp

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Can i save money on stamp duty?

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The rules concerning stamp duty changed from 1st December 2003 and it is no longer possible to make any savings in stamp duty by exchanging properties. Whilst this removes some of the benefits of exchanging property it is still possible to save a substantial amount of money in commissionable fees. You will also avoid being in a property chain so the prospect of a buyer somewhere in the chain who you do not even know cannot wreck your plans.