121,500 Households Benefit From Stamp Duty Cut Saving £284 Million

121,500 first-time buyers have saved a total of £284,000,000 thanks to the government’s cut to stamp duty, according to official statistics which cover the period until 30th June this year. Over the next five years, it is estimated that the government’s flagship housing policy will help over 1 million people getting onto the housing ladder. First time buyers purchasing homes of £300,000 and under now pay no stamp duty at all, and those who have bought properties of up to £500,000 will also have benefited from a stamp duty cut. Read more on the GovUK website.

https://www.gov.uk/government/news/121500-households-benefit-from-stamp-duty-cut-saving-284-million