Following the government’s update on 13th May 2020 regarding home moving in England during the Covid-19 outbreak, we are pleased to announce our branches in England will start re-opening their doors for booked appointments over the coming weeks. Health and safety remains our main priority, and a number of strict measures will be put in place to protect our staff and customers. Our offices in Scotland and Wales will continue to support customers from home. Visit our branch page to find contact details for your local office.

More calls to scrap stamp duty altogether!

More calls to scrap stamp duty altogether!
Last month the national federation of property professional (NFOPP) and the taxpayers alliance made it public that they were appealing to the government to scrap the extra 3% stamp duty levy on 2nd homes, and now the Society of Licensed Conveyancers has called for the scrapping of stamp duty completely to give the housing market a boost.

The suggestion has been made that stamp duty should be halved immediately and then phased out entirely. The SLC says the stamp duty levy - especially since the three per cent additional homes surcharge - has become unwieldy and "ridiculously complicated" due to rushed legislation which appears to be having the opposite effect for which it was intended.

The government is currently engaged in a review to improve the home buying process but with the extra 3% levy it has actually introduced legislation that actually makes the process more complicated and expensive. Perhaps I might suggest that they consult with actual estate agents, working in the business, if the true goal is to aid the home buying process otherwise we may end up with guidance, such as the previous HIPS legislation that was quickly scrapped, that is un-welcomed.