Monthly Archives: May 2018

ARCHIVE: First time buyer sales are up since Stamp Duty changes

According to NAEA Propertymark, changes made by the Chancellor last year to offer relief to first time buyers purchasing properties under £300,000 seem to be encouraging more buyers onto the market. With, year on year, first time buyer sales the highest since February 2015*. The trade body said that the Chancellor’s first-time buyer stamp duty relief is having the desired effect, as sales to the group rose to 29% in February, from 27% in January.

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