Getting you safely moving again – find our latest updates regarding coronavirus here

Bigger dreams powered by the Stamp Duty Holiday

You can make huge Stamp Duty savings when you buy your new home with NU living.

The Chancellor, Rishi Sunak announced the Stamp Duty cut in July 2020, sparking more activity in the property market which has already seen a surge since lockdown regulations eased.

Stamp Duty below £500,000 has now been cut until 31st March 2021, saving those buying a new home up to £15,000, giving you the ideal opportunity to dream a little bigger when looking to a new home.

There are still savings to be made for homes over £500,000, there is no Stamp Duty payable on the first £500,000 of the property and then the following rates apply:

Purchase Price

Stamp Duty %

£0 to £500,000

0% (Zero)

£500,001 to £925,000

5% 

£925,001 to £1,500,000

10%

If you are an investor or own more than one property then the rates would be different and the following would apply:

Purchase Price

Stamp Duty %

£0 to £500,000

3%

£500,001 to £925,000

8%

£925,001 to £1,500,000

13%

So if you were considering a move within the next 12 - 18 months, now is an ideal time to capitalise on the savings made from the Stamp Duty holiday and dare to dream bigger!

Getting you safely moving again

We are opening the doors to our marketing suite and show homes again. Book your appointment today.

Book your appointment here

Close window