Stamp Duty Savings For Kent Homebuyers

The latest announcement from the Treasury involves a major tax cut for homebuyers, who will pay no Stamp Duty on properties up to the value of £250,000, whilst first-time buyers can benefit from a tax relief on homes up to £425,000.

Barratt David Wilson Homes, who is behind a number of developments across Kent, has opened its doors to homebuyers looking to benefit from the Stamp Duty savings. Plus, buyers will reap the rewards of homeownership for years to come, with a new Barratt David Wilson home on average 69% cheaper to run than an updated Victorian equivalent, buyers are set to reap the rewards of homeownership for years to come.

With a number of family homes and apartments available to purchase at developments in Sittingbourne, Ashford, Staplehurst, Hythe, Dover, Canterbury and Ramsgate, buyers across the board could make major savings. For example, a first-time buyer will now save over £6,000 on a new home worth £500,000.

Natalie Perry, sales and marketing director for Barratt David Wilson Kent, commented: “Stamp Duty payments have long proved a challenge to homeownership for first-time buyers, and a significant hurdle for second steppers and downsizers looking to move along the ladder. The recent cuts to Stamp Duty will be a key in the door for many, potentially leading to thousands of pounds in savings during a time that many of us are having to tighten their belts.

“For this reason, alongside the drive for energy efficient homes as the energy crisis continues, we expect our homes across the county will remain popular – we’ve already had many local first time buyers enquiring about how much they can save following stamp duty cuts. We want to encourage anyone interested to register their interest online, or come down and speak to one of our fantastic sales advisors who can advise on the many schemes we have to support our customers - like Deposit Unlock and Part Exchange.”

All new Barratt David Wilson homes are built with sustainability in mind and energy efficiency at the forefront of the design, achieving an EPC A or B rating, thanks to the range of the highest efficiency technology incorporated throughout, including: A-rated condensing boilers; low heat-loss hot water cylinders which ensure water stays hotter for longer; and water savings features and fittings helping to save up to 25 litres of water a day per person.

Barratt David Wilson Kent is building a number of new homes across Kent, including at Applegate Park in Sittingbourne; Chilmington Green in Ashford; Dickens Gate in Staplehurst; Martello Lakes in Hythe; Richmond Park in Dover; Spitfire Green in Ramsgate; and Saxon Fields and The Woodlands, both nearby to Canterbury.

Plus, Barratt David Wilson Kent is offering up an additional Stamp Duty contribution on select plots at Dickens Gate, Richmond Park and The Woodlands.

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