The Stamp Duty Holiday introduced by the government presents a fantastic opportunity for buyers and sellers to save money on their purchase as long as it completes before 31st March 2021. Don't miss out.
Don't Lose Up To £15,000 Next Year
Your House Needs to be Sold by 30th November 2020
You might think that the 31st March 2021 deadline is far away and you have plenty of time.
You don't. Time is running out, and here is why.
Benefits for Buyers and Sellers
The Stamp Duty Holiday does represent an amazing opportunity for buyers to save money and sellers to capitalise on increased interest.
The holiday was designed to stimulate the market and has achieved this almost overnight with unprecedented levels of buyer interest in property, and new properties coming to market.
If you go to our Cost Of Moving Calculator you can identify what your stamp duty will be for your next purchase, but remember the property sale must complete prior to the 31st March 2021 in order for you to be eligible. One day later, and the stamp duty will once again become due and payable. This means if you don't sell your house quickly, to the right buyer then you could miss out.
If you were thinking of putting your house on the market in the next 6 months, then now is the time to do it - right now. You need to do so with an agent that knows your market, pre-qualifies your buyers, and is able to effectively market your property to drive the most amount of interest in the shortest amount of time. That's exactly what we do. Our trademarked Property Launch® method culminates in a event where buyers view the property on the same day (covid 19 safe of course). Having all your buyers view on the same day drives up competition and excitement , which leads to higher offers, made sooner.
Your Property Launch® is backed by a world beating marketing campaign that showcases your property using 372 different marketing combinations; Professional Photography; 360 degree virtual tour as standard; AI driven social media advertising driving as much interest into your property as Rightmove does; we also list on Rightmove, Zoopla and on the Market; you get a dedicated point of contact from instruction through to completion; and we have first contact team who take all the incoming buyer enquiries.
If you are a seller without an onward purchase, you might think the Stamp Duty Holiday doesn't apply to you as you aren't buying a property, but you'd be wrong. There is now expectation from buyers that they will make this saving. If your property sale drags on and cannot complete before the deadline, your buyer will lose out on that saving. Where do you think a buyer will look to recover that lost saving from?
For buyers, you might be wondering what you can do to take advantage of this saving. Ultimately, you have to ensure that the property sale completes before the 31st March 2021. To help speed things along we have a fantastic Advance Buyers program, that pre-qualifies you for the properties you're interested in. You will need to provide:
- Proof of mortgage (or cash)
- Proof of your conveyancing solicitors
- Proof of ID and right to purchase property in the UK.
Once you are on the Advance Buyer program, you will get access to properties 72 hours before they hit the property portals. Giving you an opportunity to identify and view properties virtually to find the right property for you. The virtual tours mean you can easily discount the properties you are not interested in, making your property search much quicker, as you will only view in person the properties you are truly interested in.
We would always recommend that you speak to one of our mortgage and protection advisers, even if you have a Mortgage in Principle, or a Decision in Principle in place. These "In Principle" offers are usually carried out on limited information. Once you require an actual mortgage there could be things you forgot to declare, things that were missed with your credit score, and a hundred other potential problems. Speaking to a mortgage and protection adviser could potentially save you the heartache of making an offer, and then being refused at the last hurdle if your mortgage application falls through.