Stamp Duty Holiday
The Stamp Duty Holiday will come to an end on the 30 June. After this date, until the end of September, there will be a staggered return to previous Stamp Duty rates. Meaning buyers won't have to pay Stamp Duty on the first £250,000 of the purchase price.
Residential rates on purchases from 1 July 2021 - 30 September 2021:
£0-£250,000 = 0%
£250,000-£925,000 = 5%
£925,001-£1,500,000 = 12%
From 1 October 2021, rates are due to return to normal:
£0-£125,000 = 0%
£125,001-£250,000 = 2%
£250,001-£925,000 = 5%
£925,000-£1,500,000 = 10%
£1,500,000+ = 12%