List your property now or miss the opportunity to save thousands on stamp duty

1 in 7 homes have sold within a week since the Stamp Duty Holiday.



Earlier this year the Chancellor declared a stamp duty holiday, which saw the threshold temporarily raised from £125,000 to £500,000; meaning that nearly nine out of 10 transactions will no longer be subject to stamp duty*.

This stamp duty holiday comes to an end on 31st March 2021. If you’ve been thinking of selling, we strongly advise that you put your property on the market now to avoid missing out!

Things to keep in mind…

You must complete by March 31st 2021 to qualify 

Don’t play Russian roulette - allow plenty of time between listing your property and completion. If your completion date goes past March 31st, you will be liable to pay stamp duty; even if you have exchanged contracts. 

There is more pressure on property lawyers

With the mass volume of property sales going through, property lawyers are under more pressure. This can potentially slow down the moving process.

Don’t delay in getting the ball rolling. The time to act is now.

You’re in good hands…

According to research carried out by Rightmove, towns in the East of England have seen the biggest annual rise in new listings - your dream home is out there! 


Mike Sharman, Managing Director, comments:

“Whilst trading was expected to return to a certain degree following lockdown, the level of activity and the results remain outstanding throughout the Sharman Quinney Group network.

“The Residential Sales Market is basking in the stamp duty holiday. Fuelled by record levels of new buyers entering the market, we are experiencing an underestimated yet unique time.

“We are blessed with great people who know how to deliver great results. In August alone we returned an increase of 88% on sales agreed vs August 2019** and although August is renowned for slowing down due to the typical holiday season, it is clear buyers have used the time in not going away and decided to turn their focus on buying their new home. 

“We are amazed at the levels of buyers registering with our branches and how keen they are to get moving. In turn, we are also placing a substantial level of mortgage applications on their behalf with more buyers feeling very optimistic about the local and national property marketplace.”


Don’t miss out on the stamp duty holiday.

Book your free home valuation here

 

*Statistic from Zoople.co.uk
** Sharman Quinney Group: August 2019 vs August 2020


Sharman Quinney Holdings Limited is registered in England and Wales under company number 4174227, Registered Office is Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN.  VAT Registration Number is 500 2481 05. 
For activities relating to regulated mortgages and non-investment insurance contracts, Sharman Quinney Holdings Limited is an appointed representative of Connells Limited which is authorised and regulated by the Financial Conduct Authority.  Connells Limited’s Financial Services Register number is 302221.  





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