This is the perfect opportunity to move to a beautiful new home at our park. With the relaxing of stamp duty payments that would need to be paid by your purchaser of your current property, this is fantastic news and an ideal time to make a move.
The housing market is now set to boom with this latest government incentive meaning that there will be more people wanting to up-size as they will be more able to afford to, allowing more over 50’s customers to downsize.
” The starting threshold for stamp duty payments, will be increased to £500,000 on all sales taking place before 31 March 2021. ”
source theguardian.com
An incentive of this nature is an amazing boost to the housing market and allow people more cash flow when purchasing a larger property enabling the housing market to pick up after the difficulties of the past few weeks.
Park Homes, as you possibly already are aware, are not within the stamp duty realms, so this will not alter. However, having a stamp duty holiday until March 2021, we feel, will give the housing market a boost that it really needs and sales will pick up allowing our over 50’s customers to sell quickly and make the move to Park Home Life at a greater pace.
Why not try out your house on the market and see for yourself. There will be plenty of buyers out there taking advantage of this stamp duty holiday. If you would like a hand with finding a reputable agent or advice on the ins and outs of selling as it has been a while since you have, give us a call on 01793 722100 or email sales@parkhomelife.com for more information