Stamp Duty Holiday Extension!
Stamp Duty Reported to be Extended until June 30th 2021
National
publications have reported that Rishi Sunak is said to be preparing to
introduce a three-month extension to the stamp duty holiday!
This
extension has been reported to be planned to run through to June 30th 2021; to not
only prevent house sales falling through, but to keep the property market
firing.
The
Stamp Duty Holiday has seen savings of up to £15,000 for thousands of home
movers in the country since it was first announced in July and it’s down to a
petition, which attracted more than 150,000 signatures, that has instigated
this new development.
The
chancellor is expected to use his Budget next week to move the stamp duty
holiday deadline to the end of June, mirroring the easing of lockdown
restrictions.
Pattison Lane Director, Phil Lane comments:
“This good news will
certainly give those looking to sell the comfort that they can get the best
possible price for their home and those looking to buy more time to save up to
£15,000 and beat the deadline”.
Get
in touch today if you’re thinking of moving and we will do all that we can to
get you moved before June 30th 2021.