Estate agents and mortgage lenders are already reporting surges in demand from prospective first-time buyers after the Government's announcement of a two-year stamp duty holiday for them.
It means a tax saving of up to £2,500 for genuine first-time buyers on property worth up to £250,000.
Last year's stamp duty holiday on properties worth up to £175,000, which ended on December 31, stimulated the market, the latest move on stamp duty will have a similar effect.
No comments:
Post a Comment