Stamp Duty Land Tax Officially Extended

Stamp Duty Extension Announced

Rishi Sunak confirmed in his latest budget that the Stamp Duty Holiday will, as first rumored, be extended to the end of June; with a further boost for property transactions up to £250,000 being extended until the end of September.

 

Director Phil Lane comments: 

“This is clearly good news for all those transactions that feared not completing in time for the original March deadline and of course for those who have held off from moving this year, fearing they won’t save themselves thousands of pounds. 

“Since the pandemic set in, the market has been surprisingly robust. Now with case levels easing, combined with this further support from the Government, the housing market is clearly going to enjoy a further flurry of activity.”

 

The Sharman Quinney Group reported a stunning 16% increase on property sales in February, compared to the same time last year.*

 

There’s still time to move! Get in touch with your local branch to get you moving.

 

*Sharman Quinney Group data (February 2020 vs February 2021)







Pattison Lane Estate Agents Limited is registered in England and Wales under company number 4730529, Registered Office is Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN.  VAT Registration Number is 500 2481 05. 
For the activities of advising on regulated mortgages and non-investment insurance contracts, Pattison Lane Estate Agents Limited is an appointed representative of Connells Limited which is authorised and regulated by the Financial Conduct Authority.  Connells Limited’s Financial Services Register number is 302221.  





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