News: (5)
Double Stamp Duty offer!
Aitch Group offers buyers a double stamp duty saving worth up to £30,000 on homes at their schemes Eagle Wharf Road in Hoxton – as aligned with the Chancellor’s extension of the tax holiday announced today in the Spring Budget 2021.
As part of the national effort to stimulate the economy and the housing market during the Covid-19 pandemic, and as part of the ongoing push to help first-time buyers get on the property ladder, the South East and London specialist Aitch Group will match
Rishi Sunak’s Stamp Duty saving.
The Chancellor, reacting favourably to extensive lobbying by the property industry on behalf of prospective buyers, has today confirmed the rumours that he would extend the Stamp Duty holiday for another three months.
The tax break has boosted home sales across the UK and prevented a collapse in the property market since it was introduced last July in his emergency Summer Statement but was due to end on 31 March 2021. To prevent a decline in transactions, this deadline has been lengthened to the end of June 2021.
As a result, buyers will not pay any Stamp Duty on the first
£500,000 of their new homes at the Aitch Group’s Eagle Wharf Road in Hoxton, London, and The Old School House in Chobham, Surrey, but in addition, the developer is matching the amount that it would have cost as a further incentive. Above the £500,000 threshold, this equates to a £15,000 saving in Stamp Duty and therefore a further £15,000 saving thanks to Aitch Group matching the tax handout. This provides buyers with a double Stamp Duty saving on their new home, the offer applying to properties that will legally complete before or by the end of June 2021.
Henry Smith, Chief Executive Officer of Aitch Group, commented: “We welcome the extension in its fairness as it addresses the fact that the conveyancing and property transaction system was overwhelmed by the wave of demand that hit after the first national lockdown, and kept on coming. This has created a backlog of transactions, many of which will have been delayed and could have unfairly missed the original deadline.
“However, we want to help oil the wheels further for buyers during this lengthy period of financial instability by offering a double stamp duty saving until the end of the extension,” he continues.
“When the time comes to end the extension, we hope that the Chancellor will consider a way to taper off the Stamp Duty holiday, bringing the saving down gradually to ensure that there is no cliff edge of transactions and the country can continue to feel the positive economic impact that is generated by the house moving industry that is so vitally important at this time,” Mr Smith concludes.
The substantial double Stamp Duty discount is available on the final two apartments at Aitch Group’s Eagle Wharf Road development, which start from £750,000.
For more information, contact Aitch Group.
03/03/2021 14:55 by Buildington
Double Stamp Duty saving on the remaining three apartments
Developer Aitch Group is matching the Government’s Stamp Duty saving on the remaining 3 apartments at Eagle Wharf Road.
The Stamp Duty holiday, which has been extended to the end of March 2021, means buyers would already be saving £15,000 on their apartment. With Aitch Group matching this, purchasers will now save £30,000.
33 of the 36 apartments at Eagle Wharf Road have already sold despite the pandemic and subsequent lockdowns. The remaining three two-bedroom apartments available at Eagle Wharf Road start from £785,000. Remaining apartments all are 829 sq. ft.
Chelsea Reynolds, Director at Aitch Group said: “We are excited to be offering a double Stamp Duty saving on the THREE remaining apartments at Eagle Wharf Road. With OVER 90% of the development now sold, the apartments have been incredibly popular with young London professionals seeking a state-of-the-art, well-situated homes. As the Government have extended the Stamp Duty holiday, now is the chance to buy one of the remaining apartments at Eagle Wharf Road and save £30,000”
For customers wanting to imagine life at Eagle Wharf Road, a virtual tour of the development’s 829 sq. ft. show apartment is available. The show apartment has two stylish bedrooms, an open plan kitchen, dining and living area, two bathrooms and a private glass balustraded balcony. The apartment features a high-quality specification, with Nobilia kitchen, Bauhaus bathrooms and Sonos audio systems, alongside luxurious interiors by Studio Iro, an interior design company who focus on natural materials, a muted colour palette and contemporary art and furniture.
The 360-degree virtual tour by Matterport is accessible through a simple link that a buyer can open on their electronic device from anywhere at any time.
The remaining apartments at Eagle Wharf Road have with timber flooring throughout the hallways, living rooms, kitchens, dining rooms and bedrooms, with large critall windows creating a warehouse-style atmosphere throughout. Contemporary black nickel switches, sockets and door ironmongery complement both apartment’s painted walls and ceilings.
The apartments feature German-engineered Nobilia kitchens, providing Siemens ovens and microwaves, polished Silestone worktops and glass splashbacks, and fully integrated kitchen appliances inclusive of a fridge/freezer, dishwasher and washer/dryer. Bathrooms provide a Bauhaus WC, a feature tiled wall, a heated towel rail and non-slip porcelain tiles. Master bedrooms will also feature fully fitted wardrobes.
The high-tech finishes of the properties include Sonos audio systems with integrated ceiling speakers in the living rooms and master bedrooms, video entry systems, underfloor heating and contemporary Astro LED downlighting throughout.
For sales information on Eagle Wharf Road, please contact Aitch Group aitchgroup.com.
09/02/2021 08:39 by Buildington
Eagle Wharf Road Exclusive Preview Event on 14th September 2019.
Prices starting from £600,000.
Register your interest with Currell Residential.
02/09/2019 15:23 by Buildington
Exclusive Preview
Exclusive preview event 18th May 2019! Register your interest with Currell Residential.
16/04/2019 19:21 by Buildington
32-34 Eagle Wharf Road development in London N1 - new on Buildington!
08/01/2017 08:08 by Buildington
