Not only has the Stamp Duty level been raised to £500,000, but the holiday exemption has been extended until the end of June 2021.
It has been announced that the Chancellor, Rishi Sunak, will extend the Stamp Duty holiday deadline until the end of June.
This is fantastic news for all those people who are in the process of completing it and have been worried that it will happen in time.
The Stamp Duty holiday certainly fired up the property market last year across the UK, and we saw many people moving as a result. Regardless of whether these rumblings become reality or not, we still believe that now is a great time to sell your home in Leicestershire and Northamptonshire.
So, are there buyers…
Even during a lockdown, the desire to move never fades, and that is proven when you take a look at February’s House Price Index from Rightmove. The index shows that visits to the property website are up 45% on last year, with those eager house-hunters increasing the number of enquiries by 18%.
At Rogers & Co we have really felt this buyer increase; it seems that the prospect of a restriction-free (ish) summer has got people looking to the future, and for many, this includes a new home.
