With the average homebuyer currently spending more than £1,650 on stamp duty, recent TSB research shows that more than one in 10 (11%) aspiring homeowners worry about their ability to cover such costs. TSB can now take care of this concern by helping customers make significant savings with this offer. To put this into context, this time last year, January 2013, 40,000 people between them spent £70 million in stamp duty alone.
This offer applies to a range of competitive mortgage products with interest rates starting from 2.84%, many of which come without application or product fees.
Help is also at hand for customers who are exempt from paying stamp duty, and those whose property purchase price is above £250,000. TSB is offering £500 cashback to those buyers, which will go some way towards the costs of buying a property such as surveying, stamp duty or removal fees.
Ian Ramsden, Mortgages Director, TSB says:
“With more than one in 10 customers worried about shelling out for stamp duty, it is clearly a significant up-front cost for first-time buyers and homemovers alike.
“By putting this money back into its customers’ pockets TSB is helping fuel local economies.”
