Stamp Duty Savings

Temporary Reductions in Stamp Duty Land Tax

Following the unprecedented events that the past six months of 2020 have bought to the Great British Isles, a plethora of incentives and new schemes have been launched by the British Government, encouraging the freedom of spending and inadvertently creating a fantastic opportunity for those looking to invest in a second home.

One of the most exciting incentives has been the temporary pause on Stamp Duty until 31 March 2021, released by the chancellor in a bid to reignite the property market.

But how does this affect the purchase of a holiday home with Natural Land?

For those purchasing an additional property, prospective buyers will only have to pay the additional ‘second home duties’, and not the standard duty that previously applied to all properties.

With the majority of the properties within our collection priced within the first band of 3%, there’s never been a better time to secure the investment of a lifetime and holidays for generations to come.

To book a viewing or request further information, e-mail sales@naturalland.co.uk or call 01625 416430.

For further information on the recent Stamp Duty changes, visit gov.uk.

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