How to benefit from the Stamp Duty Holiday
Earlier this year, the Government announced a temporary holiday on stamp duty until March 2021, meaning that zero tax is tax payable on the first £500,000 of all home purchases.
While this all sounds great, you may be thinking “how can I actually make the most of this deal?” Well, don’t worry. We’ve put together a short guide to ensure you make the most of the Stamp Duty holiday.
Start Your New Home Search Today
Buying a home can seem like a daunting, lengthy process. However, according to the National Post Office, in a straightforward purchase, and once your offer is accepted, you should complete the process within the 15-week national average.
With this in mind, it’s imperative to start your new home search NOW, so that you can take advantage of the stamp duty holiday before it stops at the end of March.
Save With Shared Ownership
The stamp duty holiday, combined with the reduced deposit required for a Shared Ownership home, makes buying a part buy part rent home even more attractive. For example, purchasing a 35% share on a 3-bedroom home at The Refinery, means you will pay ZERO stamp duty, and a deposit of only £8,977*.
Our website has a range of homes available across London and the South East, including development details, specific eligibility criteria, floorplans, sales brochures and virtual tours.
Steps to Home Ownership
Once you’ve found your dream Shared Ownership home, you’re halfway there. To help the next stage, and ensure you get everything wrapped up before the Stamp Duty holiday ends, check out our simple steps to make sure you complete on time.
We look forward to introducing you to your dream home whilst following all government guidance to ensure that you and our staff remain safe throughout your buying process.
* Based on plot A.0.2 which is fully priced at £513,000
Are you looking for a stylish and modern home in London or the South East?
Southern Home Ownership is dedicated to providing stylish, high quality and contemporary new homes for sale on a Shared Ownership basis.