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  • Writer's pictureHouse Proud Solutions

Stamp Duty Holiday!



We might not be able to ago on the holiday we had planned due to COVID-19 but every cloud has a silver lining. The government announced yesterday, stamp duty will be cut for properties under £5000,000 until 31st March 2021. This is fantastic news for both buyers and sellers.

You might be more grateful than ever to be stuck at home, enabling you to get your house ready to sell, now is the time to make your move. If you have been debating putting your house on the market and getting it ready for sale, stop procrastinating, get the top estate agents round for an evaluation and consultation. Call House Proud Solutions, we specialise in offering you the correct advice and create bespoke, individualised plans, to make your house as saleable as possible. Professionally staged homes sell faster, for a higher percentage and with a lot less stress attached than homes that have been left to sell themselves.

Mr Sunak stated in his Parliamentary speech that there will be an immediate cut to stamp duty on homes worth up to £500,000 until March 31, 2021. He said: ‘Right now, there is no stamp duty on transactions below £125,000. Stamp duty has been cut for homes worth up to £500,000 . Today, I am increasing the threshold to £500,000. This will be a temporary cut running until March 31, 2021 – and, as is always the case, these changes to stamp duty will take effect immediately. The average stamp duty bill will fall by £4,500. And nearly nine out of 10 people buying a main home this year, will pay no stamp duty at all. He added property transactions fell by 50% in May and house prices have fallen for the first time in eight years.’


If you want to get the best possible price for your property, it will need to be staged perfectly, in line with your potential buyer’s tastes and needs, this is hard to get right without professional knowledge and expertise of the local market and experience in staging homes for sale. House Proud Solutions is experienced, has trade links with many well known companies and local trades people to make the process as enjoyable and stress free as possible.


In addition you will need a good estate agent, not necessarily the one with cheapest fee, one who works hard on marketing, social media packages and uses professional photographers and videographers and has a good sale rate within the time frame you would like your property to sell within. House Proud Solutions has links to the top agencies in Northampton, please get in touch and we will happily talk you through some options available to you.


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