Wednesday, Sep 06, 2006

Govt. rake in stamp duty at the expense of the FTB

Firstrung: First time buyers still paying stamp duty despite threshold being raised

The average first-time buyer property now costs 147,868 (over 22,000 more than the new threshold level) and whilst people may be able to buy their first homes for below the threshold in certain areas of the country, the change offers little or no relief to those who want to get on the property ladder in London or the South."

Posted by converted lurker @ 12:42 PM (527 views)
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