The announcement by George Osborne on 3 December, which stated that the rules on stamp duty were being overhauled, caught most residential conveyancing solicitors I know on the hop.
Within minutes of the announcement, clients started calling our firm seeking guidance and calculations of their
new stamp duty amounts. Unfortunately, none of us had
any warning that the rules were changing and, being a firm with
a high volume of conveyancing work, we had numerous clients in the middle of transactions, all of them wanting to know ‘how does
it affect me?’
So, while George Osborne was in the throes of finishi...
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