“It’s a double whammy of positivity right now with both the extension of the stamp duty holiday until the end of September and the government guarantee of 95% mortgage availability.
“That makes it the perfect time to sell, as buyers will be keen to take advantage of both these offers.
“It’s also the ideal time to buy because of the stamp duty savings and the availability of achievable mortgage offers.”
The stamp duty tax break was due to end on March 31st but, thanks to Chancellor Rishi Sunak’s budget, it has now been extended until June 30th on properties worth up to £500,000. After that, the starting rate of stamp duty will be £250,000 until the end of September, and from October onwards will then return to the usual level of £125,000.
The new ‘mortgage guarantee’ announced in the budget starts in April, when the government will guarantee 95% mortgages to help those who can only afford a 5% deposit.
SPECIAL OFFER
Don’t forget, Williams are currently offering FREE VALUATIONS with NO UPFRONT COSTS, at COMPETITIVE RATES INCLUSIVE of VAT, if you list your home with us before the end of March 2021.
To find out more or to book your free valuation, please call us on 028 3833 4157 or click on this email link info@williams-estateagents.co.uk