AL Surveys


Stamp Duty - 06/04/2010

In his last budget before the election the chancellor has announced some changes to stamp duty. From 25 March first time buyers purchasing properties up to £250,000 will pay no stamp duty. This is scheduled to last for two years. It is also proposed to raise stamp duty on properties selling for over £1M to 5% however this will not come into effect until April 2011.

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