Chancellor Kwasi Kwarteng delivered his mini-budget last week, which included doubling the “nil rate” stamp duty band from £125,000 to £250,000.
The cuts could encourage more people on or up the property ladder, first-time buyers able to access up to £8,750 in relief.
We’ve rounded up 10 homes in Leeds that are on the market now for less than £150,000, perfect for first-time buyers.
1. Leeds homes for under £150k
The following Leeds homes are on the market for less than £150,000 Photo: Purplebricks
2. £110,000
This two-bedroom apartment is located in a gated development in Armley. It has a stylish design and a spacious open plan living, kitchen and dining room. The property is light and airy with high ceilings and large windows. It's on the market for £110,000. Photo: Purplebricks
3. £110,000
This two-bedroom terraced house is located in Vinery Mount, close to York Road and the Leeds Irish Centre. It is well presented, with a spacious lounge, good-sized kitchen, two double bedrooms, family bathroom and a large basement. The house is a quick bus ride away from the city centre and is on the market for offers in the region of £110,000. Photo: Purplebricks
4. £110,000
This two-bedroom terraced house is located in Aviary Row, Armley, close to Armley Park. It has a spacious lounge, fitted kitchen, two bedrooms and house bathroom, as well as a small garden to the front. It's on the market for £110,000. Photo: Purplebricks
5. £120,000
This two bedroom townhouse is located in Manor Farm Drive, Middleton. Downstairs, there is an entrance porch, entrance hall, a spacious through-lounge and a modern open-plan fitted kitchen. Upstairs, there are two good-sized bedrooms and a house bathroom. It also has front and rear gardens. It's on the market for £120,000. Photo: Purplebricks
6. £125,000
This two-bedroom terraced house is located in Strathmore Street, Harehills. It has been well looked-after by its current owners and is ready to move into. It has a bright and airy lounge, a kitchen and cellar downstairs, a double bedroom and bathroom on the first floor and a second bedroom on the top floor. It's on the market for £125,000. Photo: Purplebricks