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NAEA Propertymark comments on new Stamp Duty relief for first time buyers in Scotland

Friday 15 December 2017

PRESS RELEASE: Mark Hayward, Chief Executive, NAEA Propertymark comments on new Stamp Duty relief for FTBs in Scotland.

“We welcome this move. It means that a significant number of first-time-buyers (FTBs) will now be exempt from Stamp Duty, enabling more people to get onto the housing ladder. Nevertheless, affordability remains a real issue, as does adequate supply and with no relief in sight to balance off supply and demand, it may not have the desired effect in the long-term.”

Mark Hayward, NAEA Propertymark Chief Executive

 

-Ends-

For further information contact:

NAEA Propertymark Press Office
Tel: 020 7566 9777
E-mail: propertymark@lansons.com

 

About NAEA Propertymark

NAEA Propertymark is the UK’s leading professional body for estate agency personnel; representing members who practice from over 11,500 offices in all aspects of property services. We are dedicated to the goal of professionalism within all aspects of property, estate agency and land. Our aim is to reassure the general public that by appointing a NAEA Propertymark Protected agent to represent them, they will be safeguarded and receive the highest level of integrity and service for all property matters.