Article
26 March, 2010
In his budget on the 24th March 2010, the Chancellor introduced a new relief on stamp duty for first time buyers.
Previously the starting threshold was £125,0000 , but this has been raised for first time buyers only to £250,000.
The increase applies on purchases completed on or after the 25th March 2010.
However there are criteria to be met to qualify as a "first time buyer":
For assistance in buying a home please contact our Conveyancing Solicitors on freephone 0800 689 1358 or by email today.