BDB Pitmans comment on the end of the stamp duty holiday
30 June 2021 marked the end of the stamp duty holiday in its current form.
Hema Anand, Partner in our private real estate team, explains that the impact of the extended stamp duty holiday has been positive, and is just what the residential property market has required in an article for Inside Conveyancing:
‘The impact of the extended stamp duty holiday has been tremendous. This is clear from the significant increase in instructions across the country and relating to all values. There has been an unprecedented number of completions in June. It is the kick start the residential property market required to address pent up demand, which has been sluggish for several years. Let’s see if the momentum continues with the lesser stamp duty saving.’
The full article is available, here.