Welcome to our latest news and blogs page. Click to read the latest articles below or browse by category on the right.
Stamp Duty Holiday
The Chancellor of the Exchequer, Rishi Sunak, has today announced a Stamp Duty holiday on properties up to the value of £500,000.00.
Stamp Duty will not be payable on any sole property purchases below the value of £500,000.00 provided completion takes place before 31 March 2021. The changes are effective from today, 8 July 2020.
This is a significant increase in the previous Stamp Duty non-payment threshold for residential properties that was £125,000.00 (or £300,000.00 for first time buyers).
The changes will also benefit purchasers of buy-to-let properties and second homes, although they will still be required to pay the additional 3% higher rate Stamp Duty uplift on the whole of the purchase price.
Added: 08 Jul 2020 15:43
Back To Blog
Latest Posts & News Find the latest blog post by category below or select to filter using the dropdown option.
All Categories
Firm News
Events
Legal
General & Guest
COVID-19 Information
All Years
2018
2019
2020