A temporary holiday on Stamp Duty on purchases from 8 July 2020 to 31 March 2021 has been announced by the chancellor.
If you purchase a residential property in England and Northern Ireland between 8 July 2020 to 31 March 2021, you only pay Stamp Duty Land Tax (SDLT) on the amount that you pay for the property above £500,000. These rates apply to first homeowners and those who have owned property before.
To work out how much tax you’ll pay use the SDLT calculator.
See all the new build homes for sale up to £500,000 for sale in London.
For more information, please visit: Stamp Duty Land Tax: Temporary Reduced Rates