Thank you for contacting us.
We will get back to you as soon as possible!

Contact us

You acknowledge that by submitting your details via this page, you consent to us processing your personal data in accordance with our privacy policy.

Stamp duty for first time buyers

Stamp duty for first time buyers

In the budget back in November 2017 the government announced an important change in stamp duty (SDLT) as it affects first time buyers.

With immediate effect stamp duty was abolished for first time buyers on properties on the first £300,000.00 of a property worth up to £500,000.00.

The detail is now clear and as you might imagine it is not quite as simple as it sounds.  There are rules and regulations that need to be complied with in order to qualify for the stamp duty saving.

If there is more than one person buying a property then both or all must satisfy all of the rules.

The rules include a requirement that none of the purchasers have ever owned a property before either in this country or anywhere else in the world and you must intend to use the property as your main residence.

It is therefore important to get detailed advice as to whether you qualify for the stamp duty saving.

For advice on this and other Residential Property issues, please contact Partner and Head of Residential Property Chris Pease on 01992 300333 or


Please note the contents of this blog are given for information only and must not be relied upon. Legal advice should always be sought in relation to specific circumstances. 

Probate Court Fees – Take 2
20 Feb 2019 - posted in Blog
Author: Bernard Flanagan

You may remember back in 2017 that the Government suddenly dropped plans to increase Probate fees prior to the election, however, now, it appears the...

Read more
Business Protection Cross Option Agreements
12 Feb 2019 - posted in Blog
Author: Agata Rumbelow

The fallout that can result from the death of one co-owner of a business is something that all business owners should carefully consider. Such circumstances...

Read more
Planning a romantic Valentine’s Day proposal? Think Pre-Nup!
8 Feb 2019 - posted in Blog
Author: Tracey Dargan

Valentines is a time of romance for many, when couples show their love and affection for each other by exchanging cards and gifts. For many,...

Read more