Today the chancellor has announced an immediate stamp duty holiday with the new threshold starting at £500,000. This means many first time buyers buying up to this figure will save up to £15,000 with no stamp duty. Family houses priced above this will still offer buyers large discounts.
We expect a large rise in both new applicants coming to the market and a high increase in stock as many people try to take advantage of this unique offer.
If you are thinking of selling your home or would like to discuss your options please contact us in the Clapham office on 020 7627 5566 and we would be delighted to help.