Stamp Duty Savings!! why its a great time to move..
Updated: Oct 13, 2020
It's safe to say that 2020 has been an incredibly odd year. It's brought twists and turns in many of our life journeys and has possibly paused a few next chapters. One of those chapters being moving house.
We're all a little worried of what this new normal brings but as we adapt to our new routines, our new normal starts rolling. The bookmark comes out and the pages start turning again.
Houses are going back on the market, viewings are happening ( with appropriate measures in place) house sales are being celebrated and new homes are being moved into.
As an incentive for people to keep that property ball rolling. The government released reduced rates of Stamp duty land tax from 8th July 2020 until 31st March 2021 (inclusive).
Main residential properties in England up to £500k are now FREE of stamp duty !!!!!
What's the catch?
There isn't one - These reduced rates apply whether you're buying your first home or you've owned property before.
If you're sitting on the fence wondering if it's a good time to sell, pick up the phone and have an honest chat with us or pop us a message www.mg-estateagents.co.uk/contact-us
What are you waiting for?
Don't have your dream home stay a dream.
To look at how much you could be saving in Stamp Duty, check out the SDLT calculator https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro