NIGEL ADAMS, Rossendale's Conservative prospective parliamentary candidate, has added his backing to reduce the burden of stamp duty on first time buyers and families.
Research has revealed that, since 1997, the average first time buyer in Lancashire is paying £899 more in tax to get on the housing ladder.
A typical home owner in Rossendale is paying £1,219 in stamp duty.
Nigel Adams said: "The tax system has become unfair and complex. Taxes have been put up 66 times.
"Pensioners, homeowners, businesses and families on all income levels are paying more to a government which is not giving them value for money."
The Conservatives have unveiled proposals for consultation to help reduce the burden of stamp duty on Rossendale's residents.
They include:
Exempting first-time buyers to help them get on the housing ladder
Linking the stamp duty thresholds to changes in house prices, stopping the increase in homebuyers being hit by the tax
Doubling the lower stamp duty threshold to £120,000
Nigel Adams added: "Conservatives are consulting on a number of ways in which we can help homebuyers by reforming stamp duty to make it fairer. I would like the views of local residents across the Valley on how we can deliver taxpayers better value for money."
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