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Stamp Duty Holiday Update

Good Afternoon,


As you are probably aware on 1st July 2021 the Stamp Duty holiday for properties up to £500,000 will no longer apply. However any transactions that are completing between that date and 30th September 2021 will not incur stamp duty on the first £250,000 of the purchase price.


Any transactions that are set to complete before the deadlines area clearly going to benefit from the transaction, however if you are just agreeing a sale now or are on the market now you must take action to not only attract a buyer immediately but also put steps in place to make sure that when you find a buyer over the next week or so your solicitor is ready and poised with everything they need.


At Veritas homes we have set up an agreement with our solicitors to ensure that we still have the chance of getting sales through before this deadline, it is an ambitious and complicated goal to achieve this but it can definitely be done.


If you would like to talk to one of the Directors who between them have over 50 years’ experience in the property market then please call us on 0121 794 20 29 and we will be happy to give you advice free of charge.