Agents and housebuilders welcome stamp duty cut

Rishi Sunak has confirmed that the threshold for paying stamp duty will be raised from £125,000 to £500,000 immediately in a bid to help the UK housing market out of the coronavirus lockdown. The chancellor said the stamp duty holiday, which will run to March 31st next year, will result in an average saving of £4,500 and will benefit nine in 10 house buyers.

Daily Telegraph (09/07/2020)   Daily Mail (09/07/2020)  

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