Why First-Time Buyer Business Didn’t Fall Off a Cliff on 1st April
The reduction in the First-Time Buyers (FTB) nil-rate Stamp Duty Land Tax (SDLT) band from £425k to £300k was unwelcome news for the FTBs who will now need to pay up to £6,250 in Stamp Duty. But with that change implemented, you might be wondering what that means for first-time buyers. Well, it means they need our help more than ever. Let's dive into why the first-time buyer market didn't collapse on 1st April and what we can do to keep the momentum going.