The Stamp Duty Land Tax Relief for first time buyers buying a property between £125,001 and £250,000 comes to an end on 24th March 2012.
First time buyers buying a property at a price between £125,001 and £250,000 who complete before 24th March 2012 will not have to pay the usual 1% of purchase price in Stamp Duty Land Tax.
Purchases completing after this date will be subject to Stamp Duty Land Tax at 1% of the purchase price even if contracts have been exchanged before that date.
First time buyers wishing to avail themselves of the relief need to get their skates on!
Call us on 0345 370 1000 for more details.