Latest News

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

16th January, 2018

Nicola Bellward

Property Charity Jobs Reviews News

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

Our Reviews

Read the latest reviews from our many happy customers.

  • World Class Service

    'The customer service received from JDM is world class. Thank you to you and your team for all the support you provide, letting a property is stressful enough, add being aboard!! But working with your team, enables me to feel supported and a lot calmer.'

    Georgina Terry

  • First Time Buyer

    It was always going to be difficult purchasing a house as a first time buyer. Andrew and the team were so helpful and made the process so much easier than anticipated. Would highly recommend their services!


  • Couldn't Recommend Highly Enough

    Let my property with JDM for 2 years after I moved abroad, they were very helpful throughout the whole process, kept me informed, inspected the premises regularly and managed the whole arbitration process (achieving a positive result for me) when there was a deposit dispute after the tenants moved out. I've just sold the property through them and, again, couldn't fault them. They did a great job of keeping me updated, liaising with the buyers regularly, answering my queries promptly and ensuring everything went as smoothly as it could. Felt they really cared about me and acting in my best interests.

    Matt Smith