first_img Show Comments ▼ More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the whatsapp whatsapp KCS-content Sharecenter_img CHANGES TO STAMP DUTY LAND TAX ON BULK PURCHASESIf the buyer chooses then the rate of stamp duty land tax (SDLT) on properties can be determined by the mean value of the homes bought, rather than the aggregate value that is currently the case. This will be subject to a minimum rate of one per cent. The rule change is expected to encourage professional landlords and institutional investors to build up their property portfolios.STAMP DUTY LAND TAX AVOIDANCE CLAMPDOWNCurrently payable at five per cent on properties over £5m. Osborne has from today banned three schemes commonly used to avoid paying the tax. Two of them involved setting up financial institutions through which a property was bought such as an offshore registered company, incurring a much lower rate of stamp duty or no duty at all. While the third relied on taking out long-term leases of up to 999 years instead of buying a property outright. FIRST-TIME BUYER SUPPORTA £250m assisted deposit scheme for new homes.Open to those with a household income of less than £60,000 a year who can put down a five per cent deposit on a new home.Eligible for a loan worth up to 20 per cent of the value of the property, jointly funded by the government and housebuilders. The loan will be interest-free for five years and will only be repayable when the house is sold.SUPPORT FOR MORTGAGE INTEREST SCHEME EXTENDEDJobless home owners can claim up to 100 per cent of their interest payments after 13 weeks of unemployment and for mortgages worth up to £200,000. Originally due to expire in January 2012, the scheme will now be extended to January 2013. Wednesday 23 March 2011 9:38 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald HOUSING SUPPORT Tags: NULLlast_img