The property market is undergoing a period of significant activity since the regulations relating to Stamp Duty Land Tax (SDLT) were temporarily changed on 8 July 2020. The threshold for residential property purchases was raised to £500,000 and these temporary provisions comes to an end on 31 March 2021. In residential property transactions in England…
Barrett & Co welcome the SDLT cut announced by the Chancellor which, it is hoped, will help stimulate the housing market. On Wednesday 8 July 2020 the Government announced reduced rates of Stamp Duty Land Tax (SDLT) payable on residential properties. If the purchase of a residential property completes on or after 8 July 2020…
