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No stamp duty for first time buyers

Chancellor Alastair Darling’s Budget released last week has been especially kind to first time buyers in Harlow. It was announced on Friday 26th March that first time buyers at North Chase, Newhall in Harlow would be exempt from paying stamp duty on purchases of up to £250,000. Alongside this, Newhall Projects are running an Equity Share scheme, meaning buyers can now purchase an apartment in North Chase for as little as £131,250.

Matthew Byatt of Newhall Projects said: “We have a range of apartments that now benefit from this saving with one-bedroom apartments starting from as little as £175,000 through to two-bedroom apartments for under the £250,000 threshold”.

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