Depending on the source you look at, it takes on average (from a cold start) between 176 to 200 days to sell a home.
This means the opportunity clock is now ticking before that March 31 deadline.
Potential benefits from the Stamp Duty holiday are:
- Deals that were dead in the water over a difference in the value buyers and sellers were prepared to accept are now potentially resurrected.
- Having more as a deposit is opening more of the mortgage market to buyers.
- As is the decision by several lenders to reintroduce 90% Loan to Value mortgages.
- If youâ€™re thinking of selling, youâ€™ll also benefit from the Stamp Duty removal if the place youâ€™re buying is under the Â£500,000 bracket.
At MARTIN & CO we see working with a client to sell their home as a team effort. So, if you are interested to know how weâ€™d help you make the most of the Stamp Duty window of opportunity, give us a call on 01274 589132