I think this punitive tax will die as its now just a drag on the market which has enough stacked against it already, I am expecting it to change in the Autumn budget which I think is in December. I will be very unhappy if I am wrong but anyway I am already very disillusioned at my current situation and future prospects in this country and was therefore happy to see a change of tact. I hope it will lead to a economy that is not based on a low wage workforce and lowered expectations on living standards, working rights (such as zero hours contracts) & pensions.
I am not really sure to what extent additional stamp duty was brought in to be a barrier to people moving from EU in attempt to meet their emigration reduction targets, but it seems a feasible explanation. If that was the reasoning, or part of it, then it effected the wrong people as they were unlikely to pick up on EU nationals having property, especially in the likes of Bulgaria. I as a UK National have a mortgage on BG apartment and it appeared on my credit report so can not escape it although I know EU citizens who have bought UK property and own abroad who have!
I am beginning to feel like a foreigner in my own country, not because of immigration generally (which by the way will continue now we are out, hopefully under a fairer and more selective system) but because I seem (possibly mistakenly) to be less advantaged than somebody who has just arrived and never contributed, despite being a UK national paying taxes throughout my life!