End of Stamp Duty Holiday Looming

At a time where deposit affordability remains a significant barrier to first time buyers, it is disappointing that the Chancellor did not take the opportunity to extend the Stamp Duty holiday.

However, if you’re currently looking to take your first step on the property ladder, and you’re prepared to move quickly there are still a couple of months left to take advantage of the offer which terminates in March 2012. Until then all first time buyers purchasing property for under £250,000 will pay zero duty.  Here are some of our favourites that fall within the threshold.

On the borders of Brockley conservation area, Hilly Fields and Ladywell is this light and spacious two bedroom first floor, conversion flat which forms part of an imposing terrace Victorian house. With on street residents parking bays to the to the front the property comes with the added benefit of traditional features.

Fantastic fusion of space and exceptional character. Encombe Place is Grade II listed representing elegance and the finer things in life. This ground floor duplex offers an extra special twist of having its own side terrace. The property boasts double heighted ceilings, exceptional bedrooms with ensuite shower and ensuite dresser to master.

This modern third floor 2 bedroom apartment comes at a very competitive price. It has an entrance hall, open plan lounge/diner, shaker style kitchen, bathroom with shower, bedrooms and allocated parking. What’s more, it comes with no chain.

 
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Posted by: Nicola Severn Categories: Buying, Buying Property, For Sale, Property News, Uncategorized Tags: , , , 1 Comment

One Response to End of Stamp Duty Holiday Looming

  1. Stamp Duty, or Stamp Duty Land Tax, is a payment made to the Government when anyone buys a new house over a certain value. Normally, only properties over £125,000 pay Stamp Duty, but as part of the Government financial stimulus package, properties valued between £125,000 and £175,000 have also been exempt from paying the tax.