First Time Buyers can also elect to take advantage of this exemption on Shared Equity purchases which would mean a First Time Buyer could elect to pay stamp duty on the full market value of the Property at the time of purchase (irrespective of the value of the share being purchased by the First Time Buyer) and no further Stamp Duty would be payable as and when further shares in the property are purchased. If the open market value was £300,000 or less no stamp duty would be payable.
QualitySolicitors Parkinson Wright recognise that getting a foot on the property ladder is an expensive process and are happy to offer a 20% discount off our normal purchase conveyancing fee to all First Time Buyers (subject to terms and conditions).
We are accredited by The Law Society's Conveyancing Quality Scheme (CQS) which provides a recognised quality standard for residential conveyancing practices. Our property team offer extensive local knowledge and conveyancing expertise to help guide First Time Buyers throughout the purchase process. We understand that First Time Buyers want to be excited about buying their first house - not exhausted!
If you would like an initial no obligation consultation please contact a member of our conveyancing team on 01905 721600 or call into one of our offices at Worcester, Droitwich or Evesham. No appointment necessary.