Second steppers, as they are referred to in the property industry, are those people who are still living in the first home they bought who do not have the necessary funds to take that second leap up the property ladder.
The recent Autumn Statement announced some big news with regards to Stamp Duty Land Tax charges which will have a positive effect for most buyers. Before December 4th Stamp Duty Land Tax was calculated as a percentage of the whole property price and this percentage went up depending on the value of the property.