Changes to stamp duty, announced as part of the Government's Autumn Statement, look set to benefit homeowners in Dartford.
The new rules, announced yesterday (Decemeber 3) mean stamp duty payments will be lower for all properties up to the value of £925,000.
Based on 1,838 housing transactions in the borough of Dartford in the past 12 months to September, just three homes would have passed the figure where more stamp duty will have to be paid under the new regime.
Gareth Johnson MP said: “This will help people in Dartford who are looking to buy a home. Under the new rules, almost all homebuyers here are set to benefit from this new system.
“The old stamp duty system hit people hard at certain stages of house price. These changes will provide a more gradual approach and result in far less people paying tax on house purchases."
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