In July 2020 a Stamp Duty holiday was announced, cutting the rate of stamp duty to 0% for properties under £500,000. However, this ‘holiday’ is currently set to end 31st March 2021.
To be able to qualify for the Stamp Duty savings, the property must be sold before this date. As it stands, even if the house is in the selling process with a formal offer received, if the sale is not complete the stamp duty holiday will not apply.


Have you heard about the Help to Buy: Equity Loan scheme?
If you have, there’s some important information about upcoming changes that you need to be aware of. If you haven’t heard of it before and you’re thinking of becoming a first-time buyer, you could benefit from learning about it.


First of all, we would like to say that we hope you are all staying safe and well during these difficult times. We would also like to say thank you for your continued support throughout this challenging year.

 

This summer the Green Homes Grant scheme was announced by the Chancellor that homeowners would be given the opportunity to claim vouchers up to the value of £5,000 to use for energy-saving improvements to their homes, with £10,000 being available to lower-income households. As part of this Green Homes Grant scheme, eligible owners will be able to use these vouchers to fund environmentally-friendly improvements to their houses.

We thought we would share with you our top seven tips on how you can add value to your home!

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Covid -19 Lockdown Update

We hope you are all staying well and safe in these very confusing times.

We are very pleased to say that with the impending second lockdown restrictions we are able to stay open and can fully function.  It just goes to show how important to the Government and the economy the residential property market is.

It is not yet confirmed as to whether our branches will be open to the public, but we can be contacted by telephone or email. 

In Summary this means

  • Buyers, sellers and tenants will continue to be able to move.
  • Removal firms, although busy are able to operate.
  • We can arrange valuations and do viewings on properties (subject to strict PPE being in place)
  • Surveyors and valuers for mortgage purposes will continue to work.

In the meantime, we will continue to follow the covid-19 safety guidelines:

  • Face coverings to be worn on all viewings.
  • Hand sanistiser to be used before entering a property.
  • Avoid touching any surfaces.
  • Viewing time is limited to 15 minutes inside the property.
  • No more than two households inside the property at any one time. This includes the agent accompanying.
  • No children permitted at viewings unless they are young enough to be carried. (Children are likely to touch surfaces).

This is good news for the property market and we will keep you updated as soon as there are any further developments.