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Stamp Duty Good News!

Stamp Duty Good News!

As you may well have heard there has been welcome news regarding stamp duty. With immediate effect there is a new threshold for Stamp Duty of £500,000 which will apply until 31 March 2021. This means any buyer purchasing a primary residential property up to the value of £500,000, will be exempt from paying Stamp Duty. According to a release by the Government the exemption will apply to all primary residential property purchases regardless of whether the purchaser is a first-time buyer or someone who has owned a property before. Stamp Duty only starts being paid on amounts above this figure.
 

There simply has never been a better time to buy! Visit our website and let us help you find your dream home. 
 

If you have a house to sell then there is no better time to put your house on the market than now! We already have a substantial database of registered applicants and we are expecting a flurry of new registrations.
 

Call your local Jan Forster branch today to book a free valuation and find out what we can do for you.
 

We have strict measures in place to make sure we offer a Covid-secure working environment and if a member of our highly trained staff visits your home they come equipped with PPE.
 

So if you’re looking to buy or sell or both, contact us today for expert and friendly advice. We look forward to your call or email.

To read more visit https://www.gov.uk/guidance/stamp-duty-land-tax-temporary-reduced-rates