Gary Howe

Qualified and experienced Mortgage Broker and Principle of IMDNE with over 30 years experience looking after retail mortgage customers. Authorised and Regulated by the Financial Conduct Authority (FCA Ref 301727) and a member of the Association of Mortgage Intermediaries (AMI).

Stamp Duty Cuts Announced

Stamp Duty / Gary Howe

Chancellor Kwasi Kwarteng cuts Stamp Duty in today’s mini-budget. Under the current system Stamp Duty is NOT paid on the first £125,000 of any property purchase but that figure has been increased to £250,000. The stamp duty threshold for first-time buyers has been increased from £300,000 to £425,000.

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