03/11/2024
With the budget announcement of a change in Stamp Duty Land Tax on second homes and investment properties, as well as a return to the original thresholds from April next year, it is understandable that many people are feeling a bit worried about the potential costs of buying a home.
As an example, for first-time buyers, this will mean the nil-rate threshold will reduce from £425k to £300k, meaning SDLT will be payable on any purchase price above this amount.
If you are in a position to purchase soon and wish to take advantage of the higher nil rate threshold before the increase on the 1st April 2025, get in touch and see how I can help you acheive your goals.
Below is a review from one of my clients. I'll always be there, every step of the way, to get you into your new home!
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07932 988822