❗❗❗STAMP DUTY CHANGE ANNOUNCEMENT ❗❗❗
PERMANENT REDUCTION IN STAMP DUTY ON HOME PURCHASES
A MINIMUM £2500 SAVING FOR EVERYONE PURCHASING A HOME
The government have just announced that STAMP DUTY on housing purchases has changed. These are PERMANENT CHANGES, and not just a holiday period. This is as of IMMEDIATE effect.
⭐️ The £125,000 first level of stamp duty level increases to £250,000 before any stamp duty is due. This benefits EVERYONE, not just first time buyers, a saving of £2500.
⭐️ First time buyers currently pay no stamp duty on the first £300,000, that will be raised to £425,000.
⭐️ The value of the property on which first-time buyers can claim relief, increases from £500,000 to £625,000.
The steps taken today mean 200,000 more people will be taken out of paying stamp duty altogether.
If you have a current purchase and have not exchanged OR completed you will benefit from this change.
If you have any questions or if we can help you with a house move that may now be possible, please do get in touch.
Send a message or give us a call on 01992 641 500 or 01992 917 111 ☎️