Sales New Homes

Beat the double deadlines

22 October 2020

Beat the double deadlines

The introduction of the Stamp Duty holiday in July gave the market a real boost, saving buyers up to £15,000 on the price of their next property.

This summer, the stamp duty threshold was temporarily raised from £125,000 to £500,000 so main homes under this price have *zero stamp duty* to pay and those over this level are still saving buyers up to £15,000.

But this is only if you complete by 31 March next year and with transactions taking longer at the moment, now is the time to act if you want to save thousands on stamp duty.  

The clock is also ticking on the Government’s existing Help to Buy scheme which ends in March 2021. Help to Buy applies on many new build homes up to £600,000 but from April it will be restricted to first time buyers only.

Since it was introduced back in 2013, more than 273,000 people have taken advantage of the equity loan scheme to buy their dream home.

If you’d like to know more about how you could benefit from Help to Buy, visit simplynewhomes.com where you’ll also discover a selection of more than 200 sparkling new homes!
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