Stamp Duty up for first time buyers

At present Stamp Duty is applicable on all houses over the value of £125,000.

The average cost of stamp duty for first time buyers has increased by about 82% in the past 6 years.

The average cost now for people buying their first property is likely to have to stump up £1,750 for their Stamp Duty bill.

Read more about it at Stamp Duty for first-timers