November 26, 2009

Stamp Duty Holiday Ends Soon

First-time have just weeks to complete their deals before the government's temporary stamp duty exemption expires. Househunters seeking properties worth between £125,000 and £175,00

First-time home buyers have just weeks to complete their deals before the government's temporary  exemption expires. Househunters seeking properties worth between £125,000 and £175,000, who are midway through the buying process or in the early stages, should urgently chivvy along solicitors, estate agents and vendors to ensure they meet the New Year's Eve deadline.

The exemption was extended in April to 31 December. But it is unlikely to be extended beyond New Year's Eve in the pre-budget report on 9 December.

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