Mar
24

Stamp duty scrapped for homes below £250,000 for first-time buyers

Chancellor Alistair Darling has announced that stamp duty will be scrapped for homes below £250,000 for first-time buyers. Conversely, stamp duty on residential property sales over £1m to increase to 5% from April 2011 which is sure be received with some anger.

Video of the Chancellors Budget Speech

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