Help for first time buyers

To buy property in specific areas.
There are many more government incentives such as:

• Discount and cash incentive schemes- where landlords give their tenants the option to buy their property outright with a cash discount.
• Shared equity schemes (homeBuy) – you can buy out a part of your home and pay rent on the remainder
• The right to buy scheme – tenants who have been living in a council accommodation for a long period have the option to buy their home.
• Social homebuy – Shared ownership of your council or housing association property
  

The affordable housing scheme also allows users to buy property in developing areas of the UK at a great discount price!
With regards stamp duty there are various brackets within the UK,

• if your property is under £125,000 then you will have no stamp duty to pay,
• between £125,001 and £250,000 requires you to pay 1% of the value of the property, 
• from £250,001 and £500,000 is 3% 
• and above 500,001 will require you to pay 4% of the value of your new property!
  

An approximate amount of first time buyers paying stamp duty is 60%!