Stamp Duty Land Tax to be Abolished for all First-Time Buyers.

Some good news for first time buyers in this afternoon’s budget, with Stamp Duty Land Tax (SDLT) to be abolished for all first-time buyers up to £300,000.  An additional relief will apply on properties bought in higher priced areas (like London) provided the purchase price does not exceed £500,000.  Whilst more information is awaited, it is understood that these changes will apply with effect from midnight tonight.

For more information visit; http://www.bbc.co.uk/news/uk-politics-42069508

22.11.2017