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 Federation welcomes Chancellor’s plans

The National Housing Federation welcomed the Chancellor’s decision to scrap stamp duty on homes worth up to £250,000 for first time buyers – but called on the Government to do more to get the nationalised banks to free up mortgage lending on affordable homes.
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 Stamp Duty changes are ‘a tax on London’

The changes to Stamp Duty announced in the Budget amount to a tax on London, Liam Bailey, head of residential research at Knight Frank commented.
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 Agents welcome stamp duty changes

The National Association of Estate Agents (NAEA) has welcomed as a major victory Alistair Darling’s decision to raise the threshold of stamp duty land tax for two years.
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 BSA comments on Budget 2010

Commenting on the measures announced by the Chancellor in today’s Budget, Adrian Coles, Director-General of the Building Societies Association (BSA), said:
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 First time buyers set to benefit from stamp duty changes

From 25 March first-time buyers purchasing properties worth up to £250,000 will pay no stamp duty.
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 Stamp duty rush caused 2-year high in first-time buyers

The number of loans to first-time buyers hit a two-year high in December 2009, driven by a rush to buy properties in the £125,000 – £175,000 bracket before the year-end stamp duty concession expired, according to figures released by the Council of Mortgage Lenders.
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 Areas with low prices the winners from stamp duty holiday

Area with low house prices where the obvious winners from the stamp duty holiday last year, the Council of Mortgage Lenders (CML) has said.
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