Stamp Duty

999jamie

Can someone please tell me whether or not the current stamp duty holiday with be extended past March 2021?

Bonniepurple

Unless you have insight into Rishi Sunak’s brain, no.  

greatcrested

Of course it will.

G_M

Of course it won't.

davidmcn

I could tell you, but it'll cost you...

grumiofoundation

greatcrested said:

Of course it will.

G_M said:

Of course it won't.

Well one of you must be right... 

Slithery

One of them is.

FTB_Help

The petition calling for extension when originally hit 10k signatures the response was a big fat NO (in Dec).
The petition is now nearing 79k signatures, when it reaches 100k it may be up for debate in parliament (petition was at 52k signature early last week and seem to be gaining momentum)
So possibility of it getting extended, but if I were you I'd be prudent and budget for SD payment 

Cuddlybearman

I’d expect it probably will. Yes it’s creating a false bubble that may burst eventually but apart from the money rolling in for EAs, solicitors, removals etc - also moving prompts a lot of purchases ( beds, carpets, etc) and with the amount the government is spending vs the amount that are losing in tax revenue they need to keep parts of the economy going. I think the revenue associated with the housing market has a lot less risk to health than retail shops or restaurants/pubs

Cuddlybearman

Problem is they probably won’t announce it until the end of March as this government can’t seem to plan more than a couple of days ahead......

SDLT_Geek

There is a Budget due on 3 March 2021.  If it is going to happen, that would be the time to announce it.