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With the stamp duty holiday set to end on 31 March, some home buyers are pushing to complete their purchases in order to benefit from a tax saving of up to £15,000. The threshold for paying the tax was increased in July last year from £125,000 to £500,000 in England and Northern Ireland, in an … Read more
The stamp duty holiday’s days are numbered. Chancellor Rishi Sunak is said to have ruled out an extension to the tax break that ignited the housing market in the pandemic and saved buyers more than £3 billion. And as the clock now ticks towards the deadline on March 31, movers are being urged to put … Read more
Hope for home buyers? A 110k-strong petition forces parliament to debate a six-month extension to stamp duty holiday The tax break, which saves buyers up to £15,000, was due to end on 31 March More than 100k sign a petition calling for an extension to September This means that MPs must debate the issue in … Read more
Average asking prices for homes started to fall in the past month, as sellers look to lure in buyers before the end of the stamp duty holiday on 31 March, according to new findings. Asking prices fell by £2,887, or 0.9 per cent over the past month, property website Rightmove’s new data has revealed. The … Read more
Price of a home soars by £14k in just six months… but experts fear boom could fade away once stamp duty holiday ends Average price of a home in the UK jumped to record £252,211 at the end of 2020 Market was ‘turbocharged’ by Chancellor Rishi Sunak’s stamp duty holiday Biggest regional annual rise was … Read more
Homebuyers warned over stamp duty scams: Thousands rush to complete sales before March deadline and criminals look to take advantage Stamp duty holiday has helped encourage a mini property boom in the UK Criminals are trying to intercept funds using fake email communications They could pose as solicitors or estate agents to trick buyers into … Read more
Original portrait photo of the Queen at 37 taken for a commemorative stamp to mark Royal visit to Australia in 1963 is up for auction and expected to reach £600 Black and white portrait shot by the late court photographer Anthony Buckley Monarch pictured in profile wearing a patterned dress and a prominent necklace The final … Read more
Homebuyers at risk of missing out on stamp duty holiday could still be thrown last-minute lifeline By Laura Shannon, Financial Mail on Sunday Published: 21:50 GMT, 9 January 2021 | Updated: 21:50 GMT, 9 January 2021 Homebuyers at risk of missing out on the stamp duty holiday could still be thrown a last-minute lifeline as … Read more
Rishi Sunak could delay tax rises until next autumn but will end Stamp Duty holiday in March amid warnings over scale of government borrowing during Covid crisis The Chancellor reportedly believes that it is the ‘wrong time’ to bring in tax rises Source added Mr Sunak has also rejected calls to extend the stamp duty … Read more
Stamp duty holiday could be extended beyond March due to England’s new national lockdown, say property experts Extending the tax break will be on Chancellor Rishi Sunak’s mind, they say Doing this would ‘keep demand alive’ in housing market during lockdown It would also take pressure off buyers trying to complete by 31 March deadline … Read more