Important update about the Stamp Duty Holiday
The Government’s Stamp Duty holiday is set to end on March 31st 2021. So if you complete on a property before the end date, you will pay a reduced amount of stamp duty tax, or possibly none at all.
Find out more about the thresholds by reading our article What does the Stamp Duty Holiday mean for you? While the deadline’s still a few months away, the increase in demand as a result of the stamp duty holiday combined with Covid related delays has resulted in many aspects of property transactions taking much longer than usual.
That means it’s really important to ensure you’re still able to afford your property purchase without the Stamp Duty relief, just in case you miss the 31st March deadline.