foreign house buyer tax sends UK real estate stocks tumbling

British Prime Minister Theresa May attends day two of the annual Conservative Party Conference on October 1, 2018 in Birmingham, England.

Christopher Furlong | Getty Images News | Getty Images

British Prime Minister Theresa May attends day two of the annual Conservative Party Conference on October 1, 2018 in Birmingham, England.

House builder stocks listed on the FTSE 100 shed value on Monday morning after the U.K. government announced plans to introduce an additional tax on foreign buyers of British property.

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