Government announces Stamp Duty “Holiday” in Summer Statement
Rishi Sunak, Chancellor of the Exchequer, today announced that the threshold for Stamp Duty liability would be increased to £500,000.00 – with immediate effect. Boyd Rice Solicitors have clients that will benefit from this within the week, saving up to £10,000.00. This “holiday” will last until the end of March 2021.
We are expecting a lot of activity as buyers aim to take advantage of this welcome boost. For further information please see https://www.ftadviser.com/mortgages/2020/07/08/chancellor-confirms-stamp-duty-holiday/ or call our office on 02891 817715 to discuss how we can fulfil your house moving needs.