First time buyers must act quickly to save stamp duty costs

Although we all know that the housing market remains pretty sluggish at present; first time buyers may wish to try to accelerate matters if they want to take advantage of the current exemption from paying 1% stamp duty on properties under £250,000, as the government is scrapping the exemption on 24th March 2012. Naturally there will be a lot of disappointment regarding this move, but the government insists that the relief is “ineffective” and has..

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