Stamp duty will be abolished immediately for first-time buyers buying a home of up to £300,000, Chancellor Philip Hammond has said.
For properties costing up to £500,000, no stamp duty will be paid on the first £300,000.
Mr Hammond said this meant 95% of first-time buyers would see stamp duty cut, while 80% would pay none at all.
The change will apply in England and Northern Ireland, and in Wales up until the end of March, but not in Scotland.
find out more here: http://www.bbc.co.uk/news/business-42079174
All content © 2018 Apr
CANNOCK: 153 Avon Road, Cannock, Staffordshire, WS11 1LF / 01543 46 88 46
Webbs Estate Agents Limited, Registered Office: 153 Avon Road, Ground Floor, Cannock,WS11 1LF. Registered in England & Wales Company No 03340839
Webbs Estate Agents Limited, Registered Office: 153 Avon Road, Cannock, WS11 1LF. Registered in England & Wales Company No 03340839 - We do not hold Client Money Protection Insurance at present. All monies we hold are segregated in a dedicated Client Bank Account.
© 2016 Webbs Estate Agent. All rights reserved. Powered by