Home buyers welcomed the stamp duty holiday extension in this week’s Budget – but over-stretched solicitors say many will still miss the new deadline and some are even turning clients away. Chancellor Rishi Sunak confirmed that the stamp duty holiday will continue to apply to the first £500,000 of a home’s purchase price until 30 … Read more
House prices in the UK edged downwards in February, but are predicted to hit record highs again after the stamp duty holiday was extended by Chancellor Rishi Sunak in this week’s Budget. The average price of a home in the UK last month was £251,697, a marginal 0.1 per cent drop compared to January. This … Read more
An extra 300,000 house sales could beat the new June stamp duty holiday deadline – we talk to a buyer set to save £13,750 Chancellor Rishi Sunak extends the stamp duty holiday in his latest Budget It applies to the first £500,000 of a home’s purchase price until the end of June An extra 300,000 … Read more
Stamp duty holiday extension calculator: How much tax would you pay and what could you save? By Simon Lambert For This Is Money Published: 14:52 GMT, 3 March 2021 | Updated: 14:52 GMT, 3 March 2021 The stamp duty holiday deadline will be extended from 31 March to 30 June 2021, the Chancellor said today … Read more
We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify. To download the Apple Podcasts app if you … Read more
Online house hunting reached a new record this month, overtaking the previous one set last summer. Rightmove said there were 8.5 million visits to its website on Wednesday February 17, higher than the previous record on July 8. It comes amid widespread speculation that the Chancellor will extend the stamp duty holiday by three months … Read more
As many as 234,000 buyers who’ve had a property sale agreed could save thousands of pounds if the Chancellor’s rumoured three-month stamp duty holiday extension goes ahead. The total amount saved in stamp duty charges if the extension is given the green light in the Budget next week could top £984million, according to online property … Read more
We have just agreed the sale of our home and the purchase of a new one costing £600,000, and there is no chain beyond these two transactions. We had been working on the basis that there was no way we would benefit from the stamp duty holiday, but I have now read that it could … Read more
How fabulous it will be if the stamp duty holiday is extended in next week’s Budget – but how much better still if Rishi Sunak were to scrap this rotten tax for good. The Chancellor would not only win homebuyers’ undying gratitude, but would be giving the economy a much-needed boost. Stamp duty clogs the … Read more
Rishi Sunak will extend the stamp duty holiday until the end of June to boost the housing market, it was reported last night. Last July the Chancellor exempted most buyers from the levy if they completed their transactions before March 31, 2021 – saving people up to £15,000 – and leaving would-be homeowners racing to meet … Read more