Whilst we would have preferred to see a reduction in Stamp Duty charges across the board - to take the brakes off the entire market and encourage down-sizers and second time buyers to make their move – it would be churlish not to welcome the relief of stamp duty for first time buyers buying at up to £300,000.

From a seller’s point of view, this could be an ideal opportunity to take advantage of the current scarcity of available first time buyer properties, and maybe secure a sale before the end of the year.

We’d be delighted to offer relevant professional advice, so please call us.

Edward Bromwich, Director