Search Profile

Find Properties:

Use my current location
AdvancedBasic search
Draw a search

Chancellor abolishes Stamp Duty for First-Time Buyers in England and Wales in his Budget

Thu 23 Nov 2017

For properties costing up to £500,000, no stamp duty will be paid on the first £300,000. Mr Hammond said this meant 95% of first-time buyers would see stamp duty cut, while 80% would pay none at all.  The change will apply in England and Northern Ireland, and in Wales up until the end of March, but not in Scotland.

The Office for Budget Responsibility (OBR) said the main beneficiaries would be existing homeowners, rather than first-time buyers, because it expects all house prices to rise by 0.3% as a result of the change. However, the chancellor insisted that young people will benefit.

“This is our plan to deliver on the pledge we have made to the next generation that the dream of home ownership will become a reality in this country once again,” Mr Hammond said.

News Archive

August 2018

We win GOLD for the 3rd year running.

May 2018

The Facts - Energy Performance Certificate (EPC)

February 2018

Relocation Experts Recognised at Brown & Cockerill Estate Agents

November 2017

Chancellor abolishes Stamp Duty for First-Time Buyers in England and Wales in his Budget

The Team Attends National Estate Agency Conference and Exhibition.

October 2017

Brown & Cockerill win Silver at National British Property Awards

It's Official - We are the Best in Rugby!

October 2017

The Pros and Cons of 'Online' Estate Agents

Top tips for reducing condensation

October 2017

The importance of your credit rating when applying for a mortgage

Thinking about selling but worried about the length of your lease?

October 2017

Tenant Referencing - what you need to consider

October 2017

How to Spot and Tackle Japanese Knotweed

October 2017

10 things to do before applying for a mortgage

HOUSING WHITE PAPER: The Key Points

October 2017

Woodworm Treatment - The ins and outs that you need to know

October 2017

Selling Your House? Don't Wait for the New Year!

November 2017

Brown & Cockerill Offer Clients a Relocation Agent Specialist

November 2017

Brown & Cockerill win GOLD for Best Estate Agent in RUGBY!

November 2017

Lettings: A Guide to Deposit Protection Schemes

Property Jargon Buster - a glossary of terms

November 2017

Thinking of Buying a Second Home? a guide to stamp duty changes.

November 2017

Rents Rising Across Most of the UK

November 2017

Keeping a Property Tenanted

Brown & Cockerill Help Home-Movers to Celebrate!

November 2017

FEBRUARY is here which means it is the month of LOVE

This Year We Are Celebrating Our 20th Anniversary !

November 2017

Help to Prevent Damp & Mould

Do your tenants have the Right to Rent?

Proposed New Stamp Duty Rules

November 2017

Buying or selling a property with asbestos?

Gazundering: A guide to what it means and how to avoid it!

November 2017

The Team Attends National Estate Agency Conference