There has never a better time to move than now – and there’s no more waiting to save up for stamp duty!
Chancellor Rishi Sunak has just announced a rise in the stamp duty threshold from £125,000 to £500,000, effective from today.
That means if you buy a property with us below the value of £500,000, you do not need to pay any stamp duty to the Government. So, the greater the value of your new home – the more you could save.
The stamp duty holiday comes into effect immediately, so waste no time in booking an appointment with one of our Sales Executives today to discuss all the options available to make your dream home become a reality, sooner than you think.
Previously, first time buyers would pay no tax up to £300,000 and 5% on any portion between £300,000 and £500,000 – so they will be saving up to £10,000.
Home mover rates were 2% on any amount between £125,001 and £250,000 and 5% between £250,001 and £925,000. With the stamp duty holiday now in place, buyers will be set to save up to a whopping £15,000!
Think what you could do with all that extra cash. Your new home is now even closer!