Where the Comment is King

THE NEWS COMMENTER

VOTE  (0)  (0)

Spring Budget 2021: Rishi Sunak 'to extend stamp duty holiday to end of JUNE'

Added 02-24-21 05:36:04pm EST - “Last July the Chancellor exempted most buyers from the levy if they completed their transactions before March 31, 2021 - saving people up to ” - Dailymail.co.uk

CLICK TO SHARE

Posted By TheNewsCommenter: From Dailymail.co.uk: “Rishi Sunak 'will extend stamp duty holiday until the end of JUNE'”. Below is an excerpt from the article.

Rishi Sunak will extend the stamp duty holiday until the end of June to boost the housing market, it was reported last night.

Last July the Chancellor exempted most buyers from the levy if they completed their transactions before March 31, 2021 - saving people up to £15,000 - and leaving would-be homeowners racing to meet the deadline.

But sources have told The Times he is now preparing to use his Budget next week to extend the holiday by another three months.

The policy covers the sale of property worth up to £500,000, and would cost around £1billion to implement.

It comes amid concerns that not extending the holiday would create a cliff edge, jeorpardising hundreds of thousands of sales. 

Read more...

If you don't see any comments yet, congrats! You get first comment. Be nice and have fun.

CLICK TO SHARE

BACK TO THE HOME-PAGE