Back to our blog

Stamp Duty Cut: Buy with McLarens Estate Agents

July 20th 2020

Share:

On the 8^th July, Chancellor Rishi Sunak announced a considerable Stamp Duty cut for properties up to £500,000, saving buyers an average of £4,500 in the purchase of their new property until 31^st March 2021, further extended until 30th June 2021.

In a bid to boost the property market, the Chancellor’s move has already sent positive ripples through the Surrey property market, with a boost of enquiries and valuations.

Speaking about the move, Sunak explained, “We need people feeling confident – confident to buy, sell, renovate, move and improve. That will drive growth. That will create jobs.”

The considerable move will mean that together with first-time buyers, thousands more can now make their move up and across the property ladder.

Mclarens Managing Director, Dean Beasley spoke of the Chancellor’s move:

“Cutting Stamp Duty is a welcome move for the housing industry, of which we have already witnessed a positive uplift in the Surrey property market. We have seen a surge in activity on our Online Valuation tool, so its certainly put a spring in Surrey’s step as lockdown restrictions continue to lift.”

Be first in the know of our newly listed homes for sale, contact Mclarens today to make your Surrey move.

Call us on 01306 779 429 or email [email protected]

More Blog Articles

Buying and Selling, Estate Agents, Home styling, Lifestyle, Photography, Property Marketing

How to add thousands to your home with our pro styling tips

One way to add value to your home is by renovating it; another is through increasing the amount of accommodation, by either building an extension or converting something like the loft or a garage...

Buying and Selling, Home styling, Lifestyle, Photography, Property Focus, Property Marketing

6 Simple steps to prepare your home for viewings

We know from experience that the better your home looks and feels when potential buyers come to view, the more likely you are to get an asking price offer. For many people, the decision about ...

Estate Agents, Property Focus, Property Marketing, Timing

Turning browsers into buyers – make sure your online advert stands out

If you’ve ever searched online for a home yourself, you’ll know how many listings there are. The broader your search terms, the more results are going to come up, and then you start scrolling...

.animated--fade-in-up, .inview-trigger-animation-fade-in-up-lg, .inview-trigger-animation-fade-in-up-md, .inview-trigger-animation-fade-in-up-sm { opacity: 1; }