This blog article is deliberately short and sweet in order to focus on and enjoy the news just announced. 
 
Taking immediate effect, Stamp Duty Land Tax ("Stamp Duty") won't be payable unless the property is now worth £500,000 or more, up from £125,000
 
This new support is available until 31st March 2021. 
 
FANTASTIC NEWS for First Time Buyers, for home movers, for the housing market. 
 
A very welcome boost for the vast majority of home sales / purchases in England and Northern Ireland. 
 
UPDATE : SD HOLIDAY FOR ALL BORROWERS INCLUDING BTL! https://www.gov.uk/guidance/stamp-duty-land-tax-temporary-reduced-rates 
 
With reduced tax costs, the lowest mortgage rates ever known and with increasing appetite from the mortgage lenders, the savings now announced can help property buyers retain £'000's which they can put towards deposits, new decoration costs, to keep as emergency funds or maybe to offset against other costs payable too. 
 
However the 'saved' money is used, the Stamp Duty support just announced is great news. 
 
For mortgage advice, contact our Brokers here
 
 
 
 
Tagged as: advice, mortgage, support, tax
Share this post:

Tags

H D Consultants. Contact details here Live Chat webpage here Broker Log In / BrokerCentre here 
 
Head Office address; 109 Maldon Road, Colchester, Essex CO3 3AX (Administration Centre only) 
 
Your home may be repossessed if you do not keep up repayments on your mortgage. 
 
We normally charge a Professional Client Fee for mortgage advice. The amount will depend on your circumstances. A typical fee would be £500. The actual Professional Fee may be more or less than this, and is subject to a full Fact Find discussion and research process. H D Consultants is an Appointed Representative of PRIMIS Mortgage Network. PRIMIS Mortgage Network is a trading style of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. Registered Office: Preston House, 163 High Street, Crowthorne, Berkshire, RG45 7AF. Registered in England & Wales. Company Registration Number 4952586. This site is for UK Consumers only. Website Terms and Conditions click here for our Privacy Policy. GDPR Privacy Policy - click here (PDF download / view) This site contains third party links. By clicking these links you will depart from the H D Consultants' regulated site. H D Consultants nor PRIMIS Mortgage Network is responsible for the accuracy of the information contained within the linked site. The Financial Conduct Authority does not regulate some of the services listed. H D Consultants, mortgage and life insurance advisers, is authorised by the FCA no 403701. Our in house Wills and Trusts Practice is a long standing Member of the Society of Will Writers and Estate Planning Practitioners.  
FP Ref: 1436009 / exp 25.08.2025 
Long established, recognised and national nominees and award winners for our professional mortgage services; 
H D Consultants has selected Alzheimers Research UK as our chosen Charity of the Year 2023. Alzheimers Research UK is the UK’s leading dementia research charity dedicated to making breakthroughs possible. Their mission is to bring about the first life-changing dementia treatment by 2025.. CLICK HERE FOR OUR JUST-GIVING CHARITY OF THE YEAR PAGE (By clicking any of the links you will depart from the H D Consultants' regulated site. H D Consultants nor PRIMIS Mortgage Network is responsible for the accuracy of the information contained within the linked sites) 
Our site uses cookies. For more information, see our cookie policy. Accept cookies and close
Reject cookies Manage settings