PERMANENT STAMP DUTY CUT ENGLAND AND NORTHERN IRELAND
The Chancellor ,on Friday 23 September, unveiled his Growth Plan to release the huge potential in the British economy by tackling high energy costs and inflation and delivering higher productivity and wages.
As part of a wide ranging 'mini budget' of 30 fiscal measures designed to reverse a "vicious circle of economic stagnation", the UK Government's Chancellor has today announced a permanent reduction in Stamp Duty in England and Northern Ireland, raising the nil rate band from £125k to £250k with immediate effect.
The zero-rated threshold for first time buyers will rise from 300k to 425k and the value of the property on which first-time buyers can claim relief increases from £500k to £625k.
Second property and overseas surcharges continue to apply.
Read the full announcement here: Gov.uk