On the 8th July 2020 Rishi Sunak confirmed that home buyers will not pay stamp duty on homes costing up to £500,000
"We need people to feeling confident, confident to buy, sell, move and improve that will drive growth, that will create jobs. So, to catalyse the market and boost confidence I have decided today to cut stamp duty." - Rishi Sunak
This was effective immediately and will continue to be in effect until the end of March 2021!
We are sure this is amazing news for anyone looking to buy a property and especially for anyone looking to buy a property with Future Homes, as there are properties at each of our locations under this threshold which you will not need to pay stamp duty on!
Before this announcement and under previous rules, a property with the value of £500,000 would have incurred a stamp duty charge of £15,000!
See below a quick overview of the properties we have available with NO STAMP DUTY: