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Inside Business

David Prosser: Time running out for stamp duty saving

Outlook The recovery of the UK housing market has never looked sustainable and the latest lending figures suggest it may already be beginning to run out of steam. The number of mortgages for house purchase agreed in September was only marginally higher than in August, The Council of Mortgage Lenders reports, and lower than July's figure. And while we're still up significantly on the same months of last year, the low base makes the comparisons pretty meaningless.

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