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Demand for property in the UK is rocketing

Rightmove data shows that demand for property is up 61 per cent compared to the same period last year. The property portal states that buyer demand is outstripping supply and they feel that the main reason for this is the reduction in stamp duty. Righmove’s expert Miles Shipside says “We always knew that the stamp […]

Stamp Duty Holiday Confirmed

Chancellor Rishi Sunak has confirmed that there will be a stamp duty holiday following the Coronavirus lockdown. The threshold will now be raised from £125,000 to £500,000 and will last until March 2021. The average stamp duty bill will now be cut by around £4,500. This also means that 9 out of 10 house buyers […]