On Wednesday 8th July 2020, in response to the impact of COVID-19 in the UK, the Chancellor announced a temporary holiday on stamp duty on the first £500,000 of all property sales in England and Northern Ireland.
What does this mean for you when you buy a new home at Albany Meadows?
As all of the remaining homes at Albany Meadows are under £500,000 it’s simple, whichever style of home you choose you will pay no stamp duty when you move providing you complete the purchase of your new home by 31st March 2021 – saving you up to £15,000.
Help selling your existing home.
The scheme will also benefit you if you are selling an existing home in England or Northern Ireland to move here. The stamp duty news has already seen a significant boost of interest levels in people looking to secure a new property since being announced so you may well find a new buyer for your current home even more quickly.
Don’t forget though, if you want a fast and hassle free way to sell your current home speak to our sales team about our part exchange scheme. With Part Exchange the stress and uncertainty around selling your existing property is completely removed – you know exactly where you stand. You can set your own timescales, do not have to worry about preparing your property for viewings, or pay any Estate Agents’ fees. Learn more about part exchange here.
It’s a great time to buy while this special stamp duty holiday is available and our sales team would be delighted to show you around our remaining homes. Rest assured we have taken all the necessary steps to ensure on-site viewings are safe following social distancing measures. Learn more here.