Buyers Urged to Act Quickly as Stamp Duty Deadline Looms
Housebuilder Kier Living is urging prospective homebuyers in South Yorkshire to take action now to save thousands of pounds on their next home before the Government’s Stamp Duty holiday ends in March.
The tax break, which was announced by the Chancellor back in July, saw the removal of the Stamp Duty Land Tax on all properties priced at £500,000 and below, representing a potential saving for buyers of up to £15,000. The rate on buy-to-let homes and second homes was also reduced to three per cent on properties of the same value.
Savvy homebuyers have been quick to take advantage of the Stamp Duty holiday but, with the scheme only available on properties completed by 31st March 2021, time is now of the essence.
Liz Green, Regional Sales and Marketing Director for Kier Living Northern, comments: “The Government’s temporary reduction in Stamp Duty was a welcome boost for buyers and we’ve seen a high level of interest from both first time buyers and families looking to move up the property ladder. With the deadline to complete under the scheme now just weeks away, buying new with no upward chain could be a smart move.
“Peace of mind”
“In addition, Kier Living offers a Part Exchange service which means you won’t need to go through the process of selling your existing home on the open market and you’ll have the peace of mind of a guaranteed completion date.”
Buyers at Kier Living’s Harworth development are also being offered the reassurance of a ‘Stamp Duty Holiday Guarantee’. On selected properties, the housebuilder is pledging to cover the cost of Stamp Duty in line with the Government scheme, should there be any delays that mean buyers miss the deadline. Terms and conditions apply.
Kier Living’s Kier @ Simpson Park development is offering a selection of three and four bedroom homes priced from £177,995. The development is situated off Scrooby Road and offers excellent commuter links to the A1, meaning that Sheffield, Leeds and Nottingham are all within easy driving distance.
All of Kier Living developments are currently open to visitors by appointment only, with strict measures in place in line with COVID-safe guidelines. For further information about the properties at Kier @ Simpson Park and details about the stamp duty guarantee, call 01302 517972. Alternatively, visit www.kierliving.co.uk.