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Halifax newbuild incentive limit?

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  • Firstly, thanks for your clarification here, its really helpful!


    I'm currently caught up in this web having purchased a new build for £465,000 with the developer covering the stamp duty at £13,250 - far more than 1%.


    Is there anyway around this? or is going back out to market in search for a new mortgage with a different lender inevitable.


    Also, WHY ARE THEY DOING THIS!? [Mad]


    Regards,
    L
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