Sat 29 Aug 2020
The Stamp Duty cut has been well-publicised as it has encouraged a wave of activity in the property market from homeowners and landlords who are looking to make the most of the savings on offer.
For properties up to £500,000 there is no Stamp Duty to pay for existing homeowners and first-time buyers, and for landlords there is also no Stamp Duty to pay - just the existing 3% additional surcharge.
'The average stamp duty bill will fall by £4,500 and nearly nine out of 10 people buying a main home this year will pay no stamp duty at all'
- Rishi Sunak, Chancellor
If you are considering buying a new property, or investing in a property, then the Stamp Duty cut presents the ideal opportunity to save thousands of pounds when purchasing - contact us today to see how we can help you find your perfect property