STAMP DUTY-

Buyers currently pay stamp duty after £125,000 of a home’s purchase price, but from today that threshold is being doubled to £250,000. This means buyers no longer pay stamp duty tax on the first £250,000 of a property purchase.

The threshold at which first-time buyers will pay stamp duty will be increased to £425,000, raising it from £300,000.

Before today’s announcement, stamp duty relief was not available for any first-time buyer home priced over £500,000. This threshold will now be raised to £625,000.

Please give us a call if you’d like advice on how this will benefit you!!

Wedmore Office

Unit 8 Borough Mall
Wedmore BS28 4EB
01934 862370
salesadmin@debbiefortune.co.uk

Congresbury Office

Bridge House, High Street,
Congresbury, BS49 5JA
01934 862370
salesadmin@debbiefortune.co.uk

Lettings Office

Bridge House, High Street,
Congresbury, BS49 5JA
01275 406870

lettings@debbiefortune.co.uk