Latest News

What do the new Stamp Duty changes mean for first-time buyers?

16th January, 2018

Kelly Holmes

On 22nd November 2017 the government announced to abolish stamp duty on properties up to £300,000 for first-time buyers. The Guild of Professional Estate Agents have put togeather a useful video to show the changes to Stamp Duty for First Time buyers.

Stamp duty abolished immediately for first-time buyers purchasing properties worth up to £300,000

For those in London the first £300,000 of the cost of a £500,000 purchase by first-time buyers will be exempt from stamp duty, remaining £200,000 incurring 5% stamp duty charge 

It is estimated that 95% of all first-time buyers will benefit, with 80% not paying stamp duty 

Back to News

Register Your Details

Receive updates when new properties go on the market.

Register here

Instant Valuation

Find out the value of your property in 60 seconds.

Get started now

Free Market Appraisal

Book your free no obligation Market Appraisal here.

Find out more