Developer Redrow said government changes to home-purchase taxes have led to renewed interest from first-time buyers in a number of their lower-price developments in Yorkshire towns including Harrogate, Morley and York. The autumn budget abolished stamp duty on homes under £300,000 for those who have not owned a property before, equating to a potential saving of £6,660 ($5,000).
Developer Redrow said government changes to home-purchase taxes have led to renewed interest from first-time buyers in a number of their lower-price developments in Yorkshire towns including Harrogate, Morley and York. The autumn budget abolished stamp duty on homes under £300,000 for those who have not owned a property before, equating to a potential saving of £5,000 ($6,660).