Stamp Duty holiday help for house buyers - news announced yesterday
Thursday 9th July 2020
It’s great news for house buyers following the announcement by Rishi Sunak, Chancellor of the Exchequer, yesterday that house purchases up to £500,000*, will benefit from a temporary Stamp Duty payment holiday.
Zero Stamp Duty for house purchases up to £500,000 has taken immediate effect and will run until next March, saving house buyers significant amounts. This means you must legally complete on your home transaction within this tax holiday period.
Most of our homes are now under the temporary threshold and we expect to be very busy, so contact us now to arrange your personal viewing appointment at one of our stunning developments.
Click here to see all our developments and choose from our selection of homes.
- Nil Stamp Duty is available for home purchases valued at less than £500,000 if it is your main home. Homes valued at over £500,000 will pay STDL on the portion above this amount. For further information and to calculate the STDL visit
https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro
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