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45841713292_b68085814e_b.jpg?profile=RESIZE_710xForeigners buying properties in England will be forced to pay 3% more in stamp duty than UK residents, if the Conservatives win the general election.

The party claim it will help people get on the housing ladder by taking the heat out of the property market.

The government was already planning a 1% hike for foreign buyers.

Labour is also proposing a levy on "overseas companies buying housing", and wants to give local people "first dibs" on homes built in their area.


BBC News

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