Law Society calls for review of end of SDLT holiday to prevent sales collapsing
The Law Society has made a press release that calls for urgent action to prevent the end of the temporary increase in the residential SDLT nil-rate band. This is due to end on 31 March 2021, resulting in possibly, thousands of aborted sales. The Law Society is urging people to write to their MP to call for action. It has also suggested three possible options for the government to address the problem: Extend the temporary increase in the SDLT nil-rate band, thereby providing more time for buyers to complete transactions.…