Article: Plymouth homebuyers will benefit from stamp duty holiday ; Homebuyers in Plymouth are set to benefit from the stamp duty holiday announced as part of a government rescue package to breathe life into the ailing housing market.

Homebuyers in Plymouth are set to benefit from the stamp duty holiday announced as part of a government rescue package to breathe life into the ailing housing market.

Latest Land Registry figures put the average house price in Plymouth at pounds145,240, which means from yesterday they will be exempted from the property tax after the raising of the threshold on the starting rate to pounds175,000 from the current level of pounds125,000.

The 12-month stamp duty freeze by the Treasury will save eligible homebuyers up to pounds1,750 when they purchase a property, and relates only to buildings entirely for residential use.

The Government estimates half of all property transactions will now be ...

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