Exemption on first-time buyer stamp duty ends
Exemption on first-time buyer stamp duty ends
31 March 2012
The temporary exemption that meant first-time buyers were exempt from paying stamp duty on homes costing under £250,000 has ended. When announcing the decision in his Autumn Statement, Chancellor George Osborne said that the policy had failed to get people on the property ladder and was “ineffective”. The exemption ended on …