A Look at the Impact of the Stamp Duty Holiday
The Stamp Duty holiday was introduced in July 2020 and since then homebuyers have not paid any stamp duty on the value of their homes up to £500,000 (£250,000 in Wales). In England and Wales the holiday is due to end on June 30th 2021 with Wales Land Transaction Tax (LTT) returning to normal rates and England’s Stamp Duty holiday moving to a staggered end until September 30th 2021. This article from the BBC looks at the Stamp Duty Holiday as it comes to an end and impacts it has had on the housing market across the UK. https://www.bbc.co.uk/news/business-53319433 If you are looking to move house and require a conveyancing solicitor please get in touch with us on 0330 123 1131 or get a quote via our online quoting system.