The residential property world is a fascinating industry to work in, with constantly evolving stories. Deborah’s VLOG keeps you updated on the latest property market news and insights, interesting listings, events taking place in and around Tunbridge Wells and details of her regularly updated property BLOGs.
The Chancellor’s early July announcement of a temporary stamp duty suspension made ears prick up across the country. Applying to the first £500,000 on every property sale in England and Northern Ireland until March 2021, the suspension is designed to do more than attract attention. In Treasury circles, the hope is for a boost to the property market while buyers are enticed by the prospect of spending less on buying a home.
But what’s in it for sellers? It’s unlikely that the average buyer will be keen to “share” their stamp duty savings in the form of making higher offers, but rosier sold property prices are far from the