How much would the stamp duty cut save you if you move home? By Simon Lambert for Thisismoney.co.uk Published: 18:14 BST, 8 July 2020 | Updated: 18:14 BST, 8 July 2020 The Chancellor has taken the axe to one of Britain’s most hated taxes as he slashed stamp duty to zero for almost 90 per … Read more
Homebuyers rushed online to look for their next home within half an hour of the Chancellor’s immediate stamp duty cut. Rightmove reported a 22 per cent jump in traffic to its site within 30 minutes of Rishi Sunak confirming the cut in his mini-Budget today. The property search website said the cut would produce savings … Read more
Home buyers’ have reacted with joy at Rishi Sunak‘s announcement that he will freeze stamp duty. Mr Sunak today said he would immediately raise the threshold on stamp duty to £500,000 until March 31 2021. On the housing market, Rishi Sunak said property transactions fell by 50% in May and house prices have fallen for … Read more
Rishi Sunak is set to axe stamp duty on most homes on Wednesday in a temporary move designed to boost the flagging housing market. Whitehall sources said the Chancellor was ready to introduce a six-month stamp duty holiday as part of his mini-Budget designed to boost growth and jobs. Mr Sunak is understood to be … Read more
The places where homebuyers could benefit the most from a proposed stamp duty holiday have been revealed, with potential savings of up to £15,000. Rightmove looked at the stamp duty savings for areas in England where people would stand to benefit the most if the Chancellor delivers a stamp duty ‘holiday’ in his so-called mini-Budget … Read more
Chancellor Rishi Sunak is expected to announced a series of interventions to stimulate the economy and prevent job losses when he delivers his summer statement tomorrow. Dubbed the ‘mini-Budget’, his coronavirus recovery package may pave the way for more detailed announcements in the official Autumn Budget later this year. There’s been speculation about what kind … Read more
More than £1.7billion was added to the value of Britain’s biggest housebuilders on hopes the Chancellor will cut stamp duty. Rishi Sunak is expected to propose raising the levy’s threshold so that it would only apply to properties valued at £500,000 or more, instead of the current £125,000. The changes are expected to be unveiled … Read more
Britain’s struggling housing market could be given a much-needed shot in the arm with a six-month stamp duty holiday. Chancellor Rishi Sunak is expected to announce plans for a temporary exemption for homes at the lower end of the market in the Budget in the autumn. Treasury officials are looking at raising the threshold at which … Read more
Despite their divorce battle playing out in public earlier this year, Jay Cutler continued to show support for estranged wife Kristin Cavallari on Thursday. In a sweet gesture, the former NFL player took to Instagram to help promote Kristin’s upcoming cookbook, True Comfort, giving it his stamp of approval. The 37-year-old shared a snap of … Read more
Top housing and pension bosses have written to the Chancellor calling for a new Help to Downsize scheme to boost a property market recovery and put pensioners in safer, more suitable homes. In a letter addressed to Rishi Sunak, leaders from across the housing and retirement industries have pleaded for stamp duty to be waived … Read more