What has changed with the stamp duty?
The stamp duty holiday implemented this year has raised the threshold that you don't have to pay any stamp duty to £500,000.
When do I have to complete to take advatange?
The stamp duty holiday ends on 31st March 2021.
Is now a good time to sell?
With the Stamp duty relief incentive available on residential sales which complete before April 2021, now is a great time to start the selling process with Monroe to complete in time.
The national average for sales agreed before the end of December for completion by the end of March is 81% and this drops to 54% for sales agreed in January.
What should I do if I want to take advantage of the stamp duty holiday?
We'd love to hear from you if you are thinking of selling your house, we can ensure you hit the deadlines for paying the reduced rates.
You can contact us or call us on 0113 870 4443.
For more information including the reduced rates for houses above £500,000 and second homes read more here.