What is your home worth
Valuation Request
Emailuk@sothebysrealty.co.uk Call+44 (0) 20 7495 9580
BACK TO EVENTS

On 8th July, the government announced that there will be a Stamp Duty holiday until 31st March 2021

9th July 2020
The major news is that Chancellor Rishi Sunak has now raised the minimum Stamp Duty threshold to £500,000; where previously Stamp Duty was paid on homes sold for at least £125,000, for first time buyers, or on properties sold for more than £300,000. However for those in the upper real estate market...things get a bit cloudier. Understandably, each case and situation is different so we encourage you to call us to find out how much you will be saving under the new rules. Variables include whether or not you're buying a second home, an investment, and the various price ranges above £500,000.

The good news for buyers:

You could save thousands.

The good news for sellers:

Buyers are now more actively looking to purchase.

Call us to find out how much you will  benefit from the Stamp Duty changes

 

Stay updated with the latest properties available and market insights.

From time to time, we send out enewsletters with the latest on available listings and insights about the luxury property market across the UK. We strive to share information that is relevant and timely, and sometimes we provide offers from our corporate partners as an added benefit for subscribing. Let’s keep in touch!
1