22 Baldocks Road, Theydon Bois, Epping, Essex, CM16 7EB

01992 666 191
office@lyttons.co.uk

Mon - Fri: 9am - 7pm
Sat - Sun: 9am - 5pm
Available for viewings 7 days a week

Your Local
Rated
Estate Agent

Your Local
Estate Agent
Covering West Essex

Your Local
Rated
Estate Agent

Your Local
Estate Agent
Covering West Essex

Your Local
Rated
Estate Agent

PROPERTY NEWSFLASH: Existing Stamp Duty holiday extended to 30th June 2021

The new £500,000 nil rate band for Stamp Duty Land Tax [SDLT] won't end on 31st March 2021, it will end on the 30th June. 2021. Then, to smooth the transition back to normal, the nil rate band will be £250,000, double its standard level, until the end of September 2021. 

That means you will continue pay 0% SDLT on the first £500,000 until 30th June 2021 [Save £15,000]

Then from the 1st of July, you will pay 0% SDLT on the first £250,000 until the end of September 2021. [Save the 2% you would have paid from £125,001 to £250,000 = £2.5k]

From 1st October 2021, back to normal Stamp Duty thresholds.

 

 

The Property Ombudsman Trading Standards Rightmove