Rishi Sunak has announced that in order to kick-start the housing market, home-buyers will not pay stamp duty on homes under £500,000/ the first £500,000 of a property sale.
This will save buyers as much as £15,000, if they are buying a property of £500,000 or more.
This stamp duty holiday is currently set from 8th July 2020 until 31st March 2021, so we’d encourage you to start thinking about your purchase as soon as possible.
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