Stamp Duty Changes
10 December 2014
Research by Santander Mortgages suggests that changes to Stamp Duty will enable millions to move up the property ladder.
Buyers of homes worth the national average of £275,000 will make a saving of £4,500 under the new rules. Estate agents predict a cash injection into the housing market leading to higher prices as buyers put their savings into improving their bids. First-time buyers will most likely not benefit from the changes.