2020-07-07: Increase in the Stamp Duty Threshold

7th July 2020

Fantastic news for those wishing to purchase properties. The threshold for stamp duty is going up!

The Government have announced that they are increasing immediately the threshold for Stamp Duty from £125,000 to £500,000. This is to kick start the industry and encourage more buyers. If you were thinking of moving house, now is the time to take a look at what is available and take advantage of no stamp duty on a purchase under £500,000.