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: https://www.bbc.co.uk/news/business-42079174
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