One third of homes on market are chain-free, as buyers seek a quick move ahead of stamp duty hike
1 month, 1 week ago

One third of homes on market are chain-free, as buyers seek a quick move ahead of stamp duty hike

Daily Mail  

Almost a third of homes currently up for sale are being sold chain free, according to Zoopla, as buyers want to move quickly ahead of stamp duty rising in April. Stamp duty rush: One week on from the Autumn Budget, buyer enquiries for chain-free homes are 33% higher compared to those not advertised as chain-free, according to Zoopla Most property transactions are often linked to a chain of other buyers and sellers. Buyers are in a rush to purchase before their stamp duty bills rise from 1 April next year, making chain free homes an attractive proposition. However, while buying chain free may save on the stamp duty cost, they could end up paying more overall - as sellers can typically secure a price premium on a chain-free home.

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First time buyers face stamp duty axe on homes worth up to £425,000, as Rishi Sunak promises to make temporary cut permanent
6 months, 2 weeks ago

First time buyers face stamp duty axe on homes worth up to £425,000, as Rishi Sunak promises to make temporary cut permanent

Daily Mail  

Stamp duty will be abolished for first-time buyers on properties worth up to £425,000, the Tories will pledge in their election manifesto. In a move that would benefit 200,000 households each year, Rishi Sunak will make permanent a temporary cut introduced by Liz Truss and Kwasi Kwarteng, which was due to end in March next year. In their disastrous mini-Budget, …

Stamp duty calculator: The tax you pay to move home
2 years, 3 months ago

Stamp duty calculator: The tax you pay to move home

Daily Mail  

Home buyers must pay stamp duty when they purchase a property and the tax can add thousands on to their moving bills - our calculator lets you work out how much you would pay. First-time buyers get a special stamp duty exemption, while buy-to-let and second home buyers pay more. STAMP DUTY RATES UNTIL MARCH 2025 Band Stamp duty land …

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