Main menu

Major industrial prope…

RMW Knight, with joint ag…

South West

Modern office building…

Ground floor office space…

South

Mazars advises on Prot…

Corporate finance adviser…

West Midlands

New Year start for roa…

Marking the physical star…

West Midlands

2014 to be the highest…

Knight Frank’s latest sta…

Wales

Second award is capita…

A leading Birmingham busi…

West Midlands

Royal Bank of Scotland…

An Ask restaurant investm…

Wales

Swansea broker cycles …

Neil Williams, an insuran…

Wales

Taunton Deane Borough …

Property adviser, DTZ has…

South West

Autumn Statement is go…

Measures introduced in th…

East Midlands

FHP cooks up new addit…

A taste of true Deep Sout…

East Midlands

EJ Hales brings Côte t…

Leisure and retail proper…

Wales
«
»
Second Menu
Commercial News MediaUK & EuropeStamp Duty breaks for first-time buyers end soon

Stamp Duty breaks for first-time buyers end soon

First-time buyers need to act quickly if they are to complete buying their first home before the Stamp Duty exemption comes to an end on the 24th March 2012.
 
Sarah Pottle, Property Team Leader at Midlands law firm Challinors, explains: “First time property purchasers could save up to £2,500 under the relief from Stamp Duty Land Tax introduced by the Chancellor in the 24th March 2010 Budget.
 
“However, first time property purchases have to be completed by midnight on 24th March 2012, after which the rate returns to one per cent of the purchase price.
 
“Since the tax-break was introduced, first time buyers purchasing a home for less than £250,000 have not had to pay Stamp Duty Land Tax.
 
“However, with these benefits due to end in just a few weeks, those wishing to take advantage of the competitive first-time property prices in the current market, and realise the tax savings, need to act quickly. They have to aim for completion of their property purchase before the 24th March, which could save them up to £2,500, depending on the property value.”
 
Please see the attached press release for more information. The attached jpeg image shows (caption): Challinors’ Property Team Leader Sarah Pottle says first time home buyers should complete their purchase quickly to take advantage of the Stamp Duty exemption that runs out on the 24th March.

Comments are closed.

Latest News

Get in touch

Contact Commercial News Media for more details of our services, information about our website and emails or advertising prices.
Telephone: 01278 760003
E-mail: glen@commercialnewsmedia.co.uk