NO STAMP DUTY FOR FIRST TIME BUYERS!
First-time buyers will no longer pay Stamp Duty on properties worth up to £300,000.
If the property is worth between £300,000 and £500,000, you will pay no Stamp Duty on the first £300,000, and then will pay the standard 5% on the remaining amount.
For example, if the property is worth £450,000, you will pay no Stamp Duty on the first £300,000 and 5% on the remaining £150,000. (t&c’s apply - enquire for more details)