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The stamp duty holiday has had a positive impact on the UK housing market already. Local and national figures suggest many buyers have been incentivised by the saving provided by the Chancellor of the Exchequer.
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As we deal with the impact of the COVID-19 pandemic, it is likely many of us will re-evaluate what is important to us. There will be changes to small things in our life, and there will also be alterations to the essential factors.
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It is fair to say the COVID-19 pandemic has left many people re-evaluating what is important to them. Many people have found themselves relying more on their local community; and a great number of people have significantly enjoyed engaging with people from their local area.
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If you are interested in the local property market, it is likely you have considered the impact of stamp duty changes on buyers in Bournemouth and surrounding areas. At Austin Property Services, we are keen to provide you with as much support and guidance as we can in the market, and if you have any questions on this matter, please get in touch.
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The introduction of the stamp duty holiday has forced some people into action in the property market, and it is likely many others will follow suit. The temporary stamp duty holiday is only in place until 31st March 2021.