The Government has announced that stamp duty is to be suspended on homes sold for below £175,000. The move, which raises the threshold at which 1% stamp duty is paid from £125,000, could save homebuyers up to £1,750.The concession comes alongside measures to help first-time buyers and homeowners struggling with mortgage repayments, unveiled earlier today.The [...]

More: Stamp Duty suspended for purchases under £175,000

will help sales, but is only going to decrease the value of houses around the £175,001-200,000