smartnewhomes.com, the UK’s leading new homes website, has 7,000 properties currently listed under the new first-time buyer Stamp Duty threshold, representing 75% of the website’s new build homes.
Following the Chancellor’s decision to double the Stamp Duty threshold for first-time buyers, smartnewhomes.com, which features 85% of all new developments, has witnessed an increase in the number of people searching for new homes, specifying a limit of £250,000.
David Bexon, Managing Director of smartnewhomes.com, comments:
“As expected, first-time buyers now appear to be planning their move back into the market with this likely to have positive repercussions for the rest of the industry. Now is an excellent time for buyers to find their first home and capitalise on the vast array of savings currently on offer.
“At a time when 84% of the population aspire to home ownership, developers of new build properties offer increased savings for first-time buyers, including cheaper running costs as a result of better energy efficiency ratings, competitive prices and reduced moving in costs.
“However, to ensure attempts to entice first-time buyers back to the market are not in vain we need to see improved lending from high street banks and continuing investment in the housebuilding sector post-election.”
Here's our top ten picks from around the county under the new increased stamp duty threshold - Top 10 smart picks - 10 new homes for Stamp Duty savers.
See Also: Stamp Duty (25), Alistair Darling (7), Stamp Duty Threshold (4), Press Releases (371)
Date Published: 30 March 2010
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