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Buying a property can be a confusing minefield at the best of times and now with the Government’s change in the Stamp Duty, you may be more confused than ever! To help you understand Rishi’s changes a bit better, we have found a fantastic article from Nicholas King Homes that explains it clearly and concisely! Here’s a snapshot below…
At the Summer Statement in July, Chancellor Rishi Sunak announced that the threshold at which stamp duty applies will be raised from £125,000 to £500,000 in England and Northern Ireland, meaning buyers can get on the ladder or move homes at a significantly lower cost.
If you are looking to buy a property that is above £500,000 in price you can still benefit from this stamp duty holiday!
Click here to read the full article
