If you’re searching for a house to buy that comes under the stamp duty threshold, you’ll have to look hard. Despite calls to raise the level in line with the rise in house prices, it’s still set at £60,000, meaning that most homebuyers will have to fork out at least 1% of their new homes’ value in tax. If you’re determined to avoid it, here’s what you can buy around the country for £60,000. Clowne, Derbyshire House prices in the East Midlands dropped by 0.4% in the last quarter of 2004, meaning the average house price now stands at just below £146,000. If you’re willing to hunt around, there are still some places to be found – £59,950 will buy you this mid-terraced house with three bedrooms, lounge with a stone fireplace, a conservatory, dining kitchen, garage and car port. The house has gardens to the front and rear, plus central heating and double glazing. Take a look Continue reading…
Source : theguardian.com
Read more…What you can buy for £60,000
