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Budget 2018: Stamp duty axed for shared ownership buyers

Posted on 30 October 2018
Budget 2018:  Stamp duty axed for shared ownership buyers

Stamp duty was axed in the 2018 Autumn Budget for first-time buyers of shared ownership properties - when someone buys between 25% and 75% of a home and then rents the rest of it.

It will apply to all shared ownership homes worth up to £500,000 and backdated to anyone who has bought one since last year's Budget.