Stamp Duty Relief For First Time Buyers!

22 November 2018

The Chancellor most recently handed down a Budget that may or may not ‘excite’ people. A Budget isn’t always people friendly but on this occasion, there was one particular matter that caught the attention of our Conveyancing team – First Time buyers will no longer have to pay stamp duty on houses to a maximum value off £500,000.00 and even more attractively this was extended to include buyers of shared ownership properties.

Stamp Duty relief for First Time buyers

First Time Buyer mortgages are on the rise according to The Guardian – 32,200*. That is an 8% increase from last year. 

We have helped numerous First Time Buyers complete in their conveyance. It is a stressful time, it is a happy time. We want to help you and we are here to help you. Contact us today to discuss the process of buying your first home on 02890308777 or info@chamberslaw.uk 

 

 

Written by Jemma Conlon