Stamp Duty

[drplokta]

Apparently, the Tories have decided to raise the stamp duty threshold to £250,000 for first-time buyers only. Can anyone come up with a workable definition of a first-time buyer for purposes of this policy (remember that the taxman can't ask to see documents more than seven years old)?

Comments

[grahamsleight.livejournal.com]

Dunno. But I believe there are a number of pre-existing schemes in the housing market (eg buy/rent deals, places for key-workers) only open to first-time buyers.