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Today Philip Hammond has permanently abolished Stamp Duty for first-time buyers purchasing properties up to £300,000 and in high-priced areas on the first £300,000 of houses worth up to £500,000
The change took place at one minute past midnight today, says the Treasury briefing paper.
The paper says that in every region of England outside London, and in Wales and Northern Ireland, the first-time buyer will pay no Stamp Duty.
In London, the average Stamp Duty bill for a first-time buyer will nearly halve, from £10,500 to £5,500.
Great news for first time buyers, what are you waiting for?..Line up those viewings!