Chancellor Rishi Sunak has announced a Stamp Duty holiday, raising the level at which the tax becomes payable to £500,000. This means that you could now save several thousand pounds when purchasing your next home - making it the ideal time to buy.
On a property purchase of £500,000 or over, with the changes announced this week, you will save £15,000 in Stamp Duty costs.
Since the Chancellor’s announcement, Butler Sherborn has received an increase in enquiries, which have been directly attributable to this Stamp Duty Holiday.
Buyers will be keen to take advantage of this opportunity to save considerable sums on their purchase of a property.