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Changes in the threshold for stamp duty did not stop the inroads made by the tax, a new study by a respected mortgage company shows.

Portman Building Society suggests that in the following weeks after the rise in the exemption limit from April 2005, British homeowners settled nearly 60 million more in stamp duty than within the same period before April. Portman Building Society also recommends that although the government raised the ceiling to 120,000, the change made little impact at a time of rising home prices, considering that the average house stands close to 200,000 and the normal first-time buyer purchase amounts to 145,000. [http://www.kiwibox.com/daisypound96/blog/entry/110921829/for-best-advice-on-real-estate-investment-contact-a-real-/?pPage=0 For Best Advice On Real Estate .. - Daisypound96 - Kiwibox Community] contains more about why to look at this view.

Matthew Wyles, group develop-ment manager at Portman Building Society stated that "Stamp duty is only a type of advance capital gains tax - paid well before customers have liked the economic benefits achievable from your home ownership." First-time buyers must be separated from this illegal tax.

Newcastle Building Society is hoping to help first-time buyers by establishing new mortgage deals directed particularly at graduates.

David Urwin, the advertising manager from Newcastle Building Society says they understand the issues first-time buyers face so they introduced the 100 percent mortgage and the guarantor mortgage in the culture. Mr Urwin says that there are parents and grandparents who wish to help their offspring become first-time buyers. This can be made possible through sharing the original cost of a mortgage, with all the first-time buyers accepting increasing responsibility as they start getting paid more. Discover further on next by navigating to our dazzling web resource.

The new first-time buyer mortgage offerings include a deal that offers 100 % loan-to-value o-n properties valued around 200,000. Discover supplementary resources about like i said by visiting our stirring site.

The guarantor mortgage can be obtained to first-time buyers between the ages of 21 and 35 who earn an annual income of at the very least 15,000.

Please visit MoveTo for an extensive selection of properties suitable for first-time buyers. Discover further on site link by visiting our riveting article directory.