Buyers must now pay a surcharge of five per cent on second homes and buy-to-let properties, announced Chancellor Rachel Reeves in the Autumn Budget on 30 October. Labour had been urged to consider ...
First-time buyers in Haringey, Hackney, Richmond upon Thames and Wandsworth are set to face the biggest increases in stamp duty following last week’s Budget, figures show. Analysis of data ...
Home sales will "jump" at the beginning of next year as people try to buy before the rise in stamp duty ... this would affect one fifth of first-time buyers. However, the impact of these changes ...
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MILLIONS of first-time buyers face a huge blow after the Treasury confirmed stamp duty thresholds will fall next spring. None of the stamp duty relief available to first-time buyers since 2022 ...
Stamp duty will increase for those buying a second ... in 130,000 additional transactions over the next 5 years by first-time buyers and other people buying a primary residence.
The surcharge is paid on top of standard stamp duty rates, which are charged on properties above the value of £250,000. First time buyers are exempt on properties up to the value of £425,000.
Second-time buyers previously paid three per cent stamp duty on homes worth up to £250,000. From tomorrow, they will pay five per cent tax. The increase will also apply to those purchasing buy-to ...
Second-time buyers previously paid three per cent stamp duty on homes worth up to £250,000. From tomorrow, they will pay five per cent tax. The increase will also apply to those purchasing buy-to-let ...
A massive change to stamp duty was presented by Rachel Reeves in today's Budget - and it will come into force tomorrow. First-time buyers will be relieved to hear The Chancellor's stamp duty rise ...
At present, no stamp duty is required on anything worth up to £250,000, and first-time buyers are exempt up to £425,000. However, as Marc von Grundherr, Director of Benham and Reeves ...