Contact our offices
5 & 6 BAILEY COURT
COLBURN BUSINESS PARK
Estate Agency Offices are located in
BARNARD CASTLE, BOROUGHBRIDGE & RICHMOND
Residential Management Team
The Government’s holiday on Stamp Duty Land Tax for First Time Buyers comes to an end on Saturday 24th March 2012.
First time buyers must act quickly, with less than six weeks remaining, to avoid paying Stamp Duty Land Tax on their first home purchase. After the tax exemption has come to an end First Time Buyers will face a tax of 1% on house purchases between £125,000 and £250,000 and a 3% tax on house purchases over £250,000.
Figures released by the National Association of Estate Agents show that the number of sales to First Time Buyers increased slightly in November and December from 19% to 21% of sales per NAEA registered branch. First Time Buyers represent a low percentage of overall house sales, yet are key to a healthy property market.
For any property enquiries, please call our agency teams:
Barnard Castle Office – Tim Leonard tel: 01833 637000
Leyburn Office – David Cooper tel: 01969 600120
Richmond Office – Guy Coggrave tel: 01748 829217
Stokesley Office – Chris Arundel tel: 01642 710742