Times running out for first-time-buyers to save on stamp duty

With just one month left of the stamp duty holiday for first-time-buyers we are actively looking for young people looking to save up to £2,500.

Stamp duty of 1% of sale price is due on all properties purchased between £125,000 - £250,000. However the Chancellor gave a stamp duty holiday for first time buyers (only) where they do not have to pay stamp duty on any purchase under £250,000. This holiday is to be removed on 25th march 2012. Therefore, first time buyers have exactly one month to get their mortgage application in and the purchase to complete within this time frame.

The savings first time buyers can make are between £1,250 - £2,500 depending on purchase price. If you are in Merseyside, Wirral, Cheshire then you should speak with a mortgage broker in Merseyside who can help you make these savings.

Need a mortgage adviser Merseyside, then visit our site.

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