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DECEMBER'S NEWSLETTER - PROPERTY REPORTER AWARDS 2020 & STAMP DUTY HOLIDAYS

DECEMBER\'S NEWSLETTER - PROPERTY REPORTER AWARDS 2020 & STAMP DUTY HOLIDAYS

Welcome to Two Six Homes December’s Newsletter!

Landlords, we are proud to announce that we were nominated as finalists in the Best Letting Agencycategory in the Property Reporter Awards 2020. We came in the top three with over 1,000 Nationwide nominations. We are proud of this achievement and will endeavour to carry on our success. If you require any assistance with the rental of your property, we will be pleased to offer advice and guidance.

Regarding the sales market, we decided to remind everybody regarding stamp duty holidays for first time buyers.

“Following the first national lockdown between March and July, the Government temporarily increased the nil rate band of residential stamp duty in England and Northern Ireland from £125,000 to £500,000 in a bid to boost the ailing housing market.

The 'holiday' applies from 8 July 2020 until 31 March 2021 with government estimates suggesting nearly 9 out of 10 people getting on or moving up the property ladder will pay no stamp duty at all during the holiday.” -thisismoney.co.uk

The stamp duty holiday will end March 31st, this is a last call for all those of you who are planning to buy a new residential property. This means, from today there are exactly four months for stamp duty holidays to end, which means that you still have time to take advantage! Put simply, It will cost you less to buy a bigger property!

To find out exactly how much Stamp duty you will pay for your new property, use this link below with a free, easy to use calculator.

https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro

According to “thepersonalagent.co.uk” it takes on average 18 weeks to complete the sale of a property. The truth is that it varies and you need a reliable and experienced estate agent on your side to make this happen as fast as possible.

Two Six Homes’ sales department have highly skilled and experienced sales negotiators who are here to help you with the journey from the viewing of the property until completion of sale.

Yours truly,

Two Six Homes

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