Homebuyers warned over stamp duty scams as deadline nears
Homebuyers have been urged not to fall victim to scams, as they rush to complete on purchases prior to the stamp duty holiday ending on 31 March. Criminals are looking to benefit from the fact that buyers must transfer large sums of money to secure their new homes, according to the trade association UK Finance. The stamp duty holiday has helped encourage a mini property boom in the UK. House prices have soared, and mortgage approvals reached the highest level since 2007 according to the latest figures released by the Bank of England. There was a 300 per cent increase in phishing scams dur...
Source: thisismoney.co.uk