It was back in July 2020, in response to the Covid-19 pandemic, that the Chancellor announced a temporary holiday on stamp duty on the first £500,000 of all property sales in England and Northern Ireland if you completed on buying your home by 31st March 2021.
Following the Chancellor’s budget announcement made on Wednesday 3rd March 2021 the good news is this Stamp Duty Holiday has been extended until 30th June 2021.
What does this mean for you when you buy a new home at Laureate Gardens?
As the first £500,000 of your new home purchase price is now free from any stamp duty charges you will save £15,000 in costs when you buy a new home at Laurate Gardens, providing you complete the purchase of your new home by 30th June 2021.
A significant saving which you could use to buy new furniture for your lovely new home, perhaps make some travel plans, or just enjoy the fact you were able to take advantage of this saving to make the purchase of your brand new home here easier.
Help selling your existing home.
The scheme will also benefit you if you are selling an existing home in England or Northern Ireland to move here. The stamp duty news has already seen a significant boost of interest levels in people looking to secure a new property since being announced so you may well find a new buyer for your current home even more quickly.
Don’t forget though, if you want a fast and hassle free way to sell your current home speak to our sales team about our part exchange scheme. With Part Exchange the stress and uncertainty around selling your existing property is completely removed – you know exactly where you stand. You can set your own timescales, do not have to worry about preparing your property for viewings, or pay any Estate Agents’ fees.
It’s a great time to buy while this special stamp duty holiday is available and our sales team would be delighted to show you around our remaining homes. Rest assured we have taken all the necessary steps to ensure on-site viewings are safe following our Covid Secure measures. Learn more here.