A UK stamp duty surcharge of 1 % that attracts overseas buyers , which has been proposed by the chancellor , Philip Hammond , is being voted upon in parliament . Estate services firms are using the property tax to generate a surge of interest from foreign investors before the introduction of any tax incentives .
A UK stamp duty surcharge of 1% that targets overseas buyers, which has been proposed by the chancellor, Philip Hammond, is being consulted upon in January. Estate services firms are expecting the property market to attract a surge of interest from foreign investors before the introduction of any tax increases.