It feels like it’s a long time until the stamp duty holiday ends on 31 March 2021, but our advice here at Hawkesford is to get your property on the market as soon as possible to attract buyers. You don’t want to miss out on the deadline!
Remember the cut means that there is no stamp duty to pay on properties under £500,000, and if you are moving up the property ladder, you’ll save £15,000 off the stamp duty on any property costing over £500,000. So, if you are after an extra bedroom, a bigger garden, or somewhere to create a home office, now is the time to act.
The market is really busy at the moment and with the time taken between first viewings, an accepted offer and completion – next March really isn’t all that far away.
The rental market is very buoyant at the moment too. Our rental properties across Warwickshire are being snapped up quickly and we know there are lots of potential tenants out there looking for rental homes. So buy-to-let properties are in demand too.
If you’re thinking of putting your property on the market, it’s really important that you don’t delay. Property sales can easily take six months from when you first get in touch, so don’t miss out –