Stamp Duty Changes

Abolition of Stamp Duty for First Time Buyers

In his much anticipated Budget today, the Chancellor Philip Hammond has announced that there will be an abolition of Stamp Duty for First Time Buyers (FTBs) up to the purchase price value of £300,000. This announcement had been anticipated by the property community and had been encouraged to help the FTBs who were finding it […]

No Major Changes to Stamp Duty in 2017 Budget

We recently speculated on whether there would be any changes to stamp duty announced in the spring Budget of 2017. We thought it unlikely that any changes would be introduced at this stage although the most likely change would be to increase the threshold at which stamp duty was payable up from £125,000 (for first home […]

Will There be Changes to Stamp Duty in the 2017 Budget?

There is a general murmur and some anticipation that there may be some changes to UK Stamp Duty in Philip Hammond’s first Spring Budget. Mr Hammond took over as Chancellor of the Exchequer from George Osborne in July 2016. However, we should really take any rumours with a pinch of salt as they generally stem […]

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