This One Change in the 2014 B.C. Budget Could Save you $7500

2014 BC budget savings

The government of British Columbia has introduced changes to the Property Transfer Tax in today’s Budget.

From the 2014 Budget press release:

Many British Columbians buying their first home will pay less Property Transfer Tax, as the Province is increasing the threshold for the first time homebuyers program to $475,000 from $425,000, an exemption that can save the purchaser up to $7,500 when buying their first home.

Read the full budget press release here.

Update May 2020

Our Chilliwack and Abbotsford offices remain open on an appointment-only basis as we do our part to practice social distancing.

Please note our Chilliwack office will be closed on Saturdays until further notice.

Our Hope location is closed until further notice.