Halifax Intermediaries has offered to pay full stamp duty bills for first-time-buyers on properties worth up to £250,000.
The Stamp Duty Special deal will run from today until 7 July and includes a 60 per cent LTV two-year fix at 2.54 per cent and an 85 per cent LTV two-year fix at 3.84 per cent.
Halifax Intermediaries head of sales Ian Wilson says: “Buying a home is one of the most expensive purchases many will ever make and the costs associated can place an extra burden on first time buyers.
“Stamp duty can often be the one of the largest cost that can be overlooked, particularly for buyers who are focused on saving an initial deposit for their first home.”
Halifax says its research showed first-time-buyers accounted for 40 per cent of all property purchases in 2012.