News: Stamp duty holiday extended until the end of June
What does it mean for you?
In the Budget, today, the Chancellor has confirmed that the stamp duty holiday on properties priced up to £500,000 has been extended by three months until the end of June.
In addition, the holiday will also apply to properties priced up to £250,000 until the end of September 2021!
The extension provides relief for buyers who were unlikely to complete their transactions before the original March 31 deadline.
With a tax cut now available for buyers until September, this should also help to ensure that most purchasers still benefit from some stamp duty savings. The news of a stamp duty extension provides a boost for the property sector and the market will keep moving, meaning you are still able to make a saving when buying your home.
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Read more from the BBC here.
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This is not legal advice; it is intended to provide information of general interest about current legal issues.
