Recent stamp duty cut benefits first-time buyers at Alton Court

Homes at Alton Court are more accessible than ever to those taking their first step on the property ladder, following the announcement that stamp duty will be abolished for first-time buyers on homes costing up to £300,000, and on the first £300,000 of properties up to £500,000.

Before the announcement, first-time buyers looking to purchase a one-bedroom apartment at Alton Court priced at £369,950 would have paid approximately £8,497 in stamp duty; now they will only pay £3,497. Buyers will be able to put the money they have saved towards a deposit, home décor and furniture and/or their personal savings.

Rosemary Bell, director at BMA Property Group and head of sales for Copley Hanwell W7 in Ealing, comments: “I’m pleased to see stamp duty relief for first-time buyers. This is a positive move that we hope will put home ownership within the reach of more young buyers in the capital.”

Broadway Living is at the forefront of affordable housing provision. 100{05eebd27a88eb88749d839e4c243cb92335e742ef09acced36e23785cdf5a8c2} of the homes launched this year at Alton Court are deemed affordable and, what’s more, profits from sales are being ploughed into building more affordable housing, including homes for social rent, for the borough.

Just a few homes remain for sale at Alton Court with prices starting from £369,950 for a one-bedroom apartment; all properties are available to purchase with London Help to Buy. To find out more or to make an appointment to view the showhome, visit copleyhanwellw7.co.uk or call 0207 846 0291.