Date Published 08 July 2020
WELCOME NEWS FOR THE PROPERTY MARKET!! The chancellor has just announced that If you purchase a residential property between 8 July 2020 to 31 March 2021, you only start to pay SDLT on the amount that you pay for the property above £500,000. These rates apply whether you are buying your first home or have owned property before.
This is a timely boost for all property buyers, during uncertain times.