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Good news for first time buyers

Lisa Nandy has welcomed the decision in the budget to scrap stamp duty on homes costing up to £250,000. It meants that 9 out of 10 first time buyers will be better off. Lisa said “there are many young people who find it hard to stay in the area they were born and brought up in because of the difficulties buying their first home. I am delighted that the Government is doing everything within its power to help them.” The move won’t just help first time buyers – the average house price in Wigan is £130,000. The decision to scrap stamp duty will partly be payed for through tax on homes costing over £1 million.

March 24, 2010 By : Category : News Tags:, ,
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