Eight weeks remain for first time buyers to complete their house purchases in order to avoid paying stamp duty land tax. The tax exemption will end on the 24th March 2012.

Stamp duty land tax will then be charged at 1% on all purchases between £125,000 and £250,000.

Don’t assume that “no news is good news” Please ensure you have returned and signed all your documentation to your Solicitor to ensure that they can complete the transaction before the 24th March 2012.

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