Why the Budget won’t help many first time buyers
Stamp duty land tax – the basics
New rules for first time buyers
How much could you save?
Why it may not make a big difference
Finally, although all savings are always welcome to cash-strapped first-time buyers, this move does nothing to solve two much bigger problems;
· A shortage of affordable homes
· The difficulty of raising the much bigger sum needed as a deposit (around £70,000 on average in London, according to Savills estate agents