*Yawn* Ooo I just had a lovely nap Smudge.
I couldn’t sleep the news is too exciting Ted!
News? Whats the news? Is it about food Smudge?
No Ted didn’t you heard the news in the 2017 budget?
No, you know I don’t like watching much TV Smudge.
Well, Chancellor Philip Hammond has abolished stamp duty on homes costing less than £300,000, with reduced rates up to £500,000.
Wow, that is big news, what does this mean?
This is great for first time buyers, the average saving for first-time buyers would be £1,700.
Wow, that’s great so it’s now easier to buy a house?
Yes Ted, depending on the price of the house first-time buyers could have great savings, and earn a great return if they then rent out that property.
What great news Smudge!