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Harris & Moss Offices

Burnley 9 Manchester Road
Tel: 01282 422333 | Fax: 01282 454064
Email: burnley@harrismoss.co.uk

Nelson 13 Scotland Road
Tel: 01282 695118 | Fax: 01282 617716
Email: nelson@harrismoss.co.uk

Colne 30 Albert Road
Tel: 01282 864228 | Fax: 01282 864228
Email: colne@harrismoss.co.uk

Barnoldswick 16 Church Street
Tel: 01282 815994 | Fax: 01282 815993
Email: barnoldswick@harrismoss.co.uk

Stamp duty axed below £175,000 - 02/09/2008

Homebuyers will not have to pay stamp duty on properties costing £175,000 or less for the next 12 months.

The current £125,000 threshold will be raised as part of a package of measures aimed at boosting the housing market.

Someone buying a home for £175,000 will save £1,750 under the scheme, which is likely to cost the Treasury £600m.

The government estimates half of all property transactions will now be exempt from stamp duty - up from one third when the threshold was £125,000.

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