What about those figures suggest first time buyers are affected most?!
Fucking hell, if you wanted to buy an average size family home in our area you'd have to pay £180k stamp duty. I don't k ow what is more fucked
..the £1.5m price tag or the stamp duty.
That looks like a screenshot from a calculator, based on a property worth <£250k?
Just in case you are having a brainfart, more expensive properties do pay progressively proportionately more stamp duty (see rate), but in this instance obviously there's nothing to pay (see duty).
It's better then is was, we bought in 2012 before the new rules, was 3% over £250,000 so had to pay £9,000 against our £300,000 property, think it would be nearly half that now! Not that I'm bitter!
is it me or is stamp duty specifically designed to fuck first time buyers in London over?