The new stamp duty is screwing over first-time buyersMatthew Nitch Smith
For instance, in NSW the State government will provide first home buyers who buy a newly built home worth $750,000 orlesswith $10,000 towards the purchase price, as well as generous stamp duty concessions. ... Many lenders will be happy to count these government payments towards any deposi...
first time buyers are exempt from paying tax duty if the property you are buying is less than £300,000. If your first home costs between £300,001 and £500,000, you will pay 5% in stamp duty. For properties over £500,000, the level of stamp duty will go up in line with...
“If you add up the savings from stamp duty exemptions and the First Home Buyer and HomeBuilder grants that are available,” said Mr Doherty, “you’re around $40,000 ahead in savings and grants.” The savings come from an extension to the exemption by the NSW Government from stamp duty...
Six-Year High in First-Time Home Buyer Numbers; MOST BOUGHT HOUSES ABOVE THE STAMP DUTY THRESHOLDByline: SION BARRY Business Editor sion.barry@walesonline.co.ukWestern Mail (Cardiff, Wales)