What I need to know about stamp duty for first time buyers?
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wilow Apprentice
Joined: 13 Mar 2005 Posts: 7
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Posted: 10/12/07 - 07:51 Post subject: |
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| Hello everyone. I am a single woman looking to buy very soon. Of course I want to know everything that I need to around buying for first time buyers before I go ahead. Stamp duty for instance... What do I need to know? Are there any exemptions for first time buyers? |
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davon Apprentice
Joined: 19 Jun 2006 Posts: 3
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Posted: 11/16/07 - 22:48 Post subject: |
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| Indeed there are! Whoever told you this was right. First time buyers are exempt from Stamp Duty if they are buying a property of between 30sq m and 125 sq m. This is set out in the Stamp Duties Consolidation Act 1999 - have a look at this to check the small print. |
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