Buy or Sell Before Stamp Duty Holiday Ends

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Posted on Friday, January 8, 2021

Buy or Sell Before Stamp Duty Holiday Ends

Double Online Auction This February

 
February is auction month at FSS as we give buyers and sellers two opportunities to beat the stamp duty holiday deadline.

We will be hosting online property auctions on Thursday 4th February and Thursday 25th February, both at 3pm.

Why Sell at Auction?

Auction gives the certainty of completion before the stamp duty holiday ends in March.

  • Contracts exchange when the hammer falls
  • Most properties complete within 4 weeks of auction
  • Buyers are looking to purchase before the stamp duty holiday deadline
  • There’s still time to instruct us

Call us now on 01423 501211 (option 3) to discuss selling at auction. 

Buy Before The Deadline

Buyers can save thousands by completing their purchase before the end of March, making our February auctions the ideal way to buy this year.

Stamp duty is suspended on the first £500,000 of all property sales in England and Northern Ireland, saving buyers £15,000 if they are purchasing a property of £500,000 or more. 

Buy to let investors also pay less stamp duty Those buying investment properties and homes that are not their main residence will now pay 3% stamp duty on the first £500,000 of the purchase price. Previously they would pay 3% on the first £125,000 and 5% on the next £125,001 to £250,000, rising to 8% on sale prices over £250,000 and up to £925,000. Read more.

Property transactions must be completed by 31st March to qualify.

View latest auction properties

Make sure you're ready to bid

To bid in either of our February auctions you must Register to Bid in advance. 

Register to Bid

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