ESTATE agents around Thurrock have reacted with delight at the government changes to Stamp Duty set out in the autumn statement by the chancellor of the exchequer, George Osborne.
David Copes of Copes Estate Agents in Grays told YT.
"This is GREAT news for buyers in Thurrock where the vast majority of properties fall below the £925,000 threshold.
It will be a further boost to the housing market and in particular will help first time buyers.
As an example, a buyer paying £150,000 would have been paying £1500 SDLT but from midnight tonight this will be reduced to £500 a saving of £1000 Just in time for Christmas!
A calculator can be found on http://www.hmrc.gov.uk/tools/sdlt/land-and-property.htm
