This is good news and will mean people buying a house during this time will potentially make a large saving.
If you were to buy a freehold property as your main residence for £350,000 pre 8th July 2020 SDLT would have been £2,500 or if the property was worth £450,000 the DLT would have been £7500. It could therefore be a good time to buy or sell your house.
At Acorn we specialise in the legal side of purchasing a residential property. We are here for you through each stage of the transaction from having your offer accepted to getting the keys to your new home. Our quote calculator has been updated with these changes so if you are moving or thinking of moving and would like a quote for conveyancing then visit our quotation page or give us a call on TAUNTON 01823 273010 or STREET 01458 441507.