Possible stamp duty extension

General / February 2021

Propertymark’s Chief Policy Advisor Mark Hayward has today welcomed speculation in The Times that the Chancellor may extend the Stamp Duty Holiday in England until the end of June, in next week’s budget.

Since the relief was announced, Propertymark members have collectively lobbied the UK Government to avoid a cliff edge leading thousands of sales to fall through. There are promising signs that the Treasury has listened to our campaign.

While the news was welcome, Mark warned that there should not be a further cliff edge and instead the Stamp Duty holiday should be tapered

SOURCE-NATIONAL ASSOCIATION OF ESTATE AGENTS – propertymark

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