Sunny

Sunny

max temp: 21°C

min temp: 16°C

Search

The pigs have arrived. See the latest

Pigs Gone Wild

news here.

National: Helping buyers to get on to the property ladder

10:52 04 March 2014

New Homes

New Homes

Archant

Boost for first-time buyers

As a sign of its commitment to helping first time buyers get onto the property ladder, Halifax has offered to pay the full stamp duty bill for first-time buyers purchasing properties up to the value of £250,000.

Designed to ease the burden for first time buyers making their way onto the property ladder; for the second consecutive year, Halifax will pay the entire stamp duty bill on purchases between £125,001 and £250,000, reducing a first time buyer’s costs by up to £2,500.

In addition, for first-time buyers who purchase a property below £125,001, they will receive £250 cashback.

Craig McKinlay, mortgage director, Halifax said: “We know that Stamp Duty can often be a cost that is overlooked, particularly by first time buyers who are focused on saving an initial deposit for a house. We helped ease the burden of Stamp Duty for over 14,000 first time buyers last year and we’re keen to do what we can to once again support those buying their first home, at what’s already an expensive time.”

Analysis by Halifax shows that 268,800 first-time buyers purchased a property last year, an increase of 23% compared to 2012.

First time buyers accounting for 44% of all property purchases in 2013 and 9 out of 10 first time buyers (91%) purchased a property below £250,000 in 2013[2]

Nationally almost half (46%) of home purchases by first time buyers were between £125,000 and £250,000.

0 comments

Programme Name: Robot Wars - TX: n/a - Episode: n/a (No. n/a) - Picture Shows: The House Robots Dead Metal, Sir Killalot, Matilda, Shunt - (C) Mentorn Media Scotland - Photographer: Alan Peebles

“For too long, the schedules have cried out for a show in which dedicated amateurs, toiling day and night, handcraft sophisticated automatons built on the delicate interplay of hand-wired servo motors with custom-built circuit boards and fingertip motion control, just to see them get smashed to pieces by a dustbin carrying a massive hammer.

Flower left at Bramford Recreation Ground on Saturday to mark the third anniversary of toddler Ryan Ward's death.

Travellers have arrived at a playing field in Ipswich - almost three years to the day since a toddler was killed in a collision with a van at the same site.

Abellio Greater Anglia

A person has been pronounced dead after being struck by a train near Needham Market station.

A company in Gt. Blakenham has been making insoles for years but everything has suddenly taken off since Usain Bolt started using their products. Pictured is director Bente Smith-Rewse.

He is one of the most recognisable, decorated and influential sportsmen on the planet – but Usain Bolt is now endorsing a product made in the heart of Suffolk.

It's hot up there!

You know it’s hot when your thighs stick together. For men out there, it’s more of a woman thing, writes Lynne Mortimer.

The snake captured by residents in St John's Road, Ipswich.

Brave neighbours came to the aid of a father and his three young daughters who were left stunned when they discovered an exotic-looking snake coiled in their back garden.

England's Harry Martin in 2014.

The greatest sporting spectacle on the planet is almost upon us once again.

Sandcastle building at Southwold

What are we doing today? The summer holidays are here and to help parents in Suffolk we are offering a guide to 12 days out on the Suffolk coast that won’t cost a penny.

Firefighters from Suffolk Fire and Rescue Service attended.

Firefighters helped free a baby locked in a car in Ipswich today.

Roadworks currently ongoing at Majors Corner, Ipswich.

Work to upgrade the gas mains in Ipswich’s Woodbridge Road East has been postponed until August 1 following a request from Suffolk County Council.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

Great British Life

Great British Life
MyDate24 MyPhotos24