Stamp Duty drawbacks: Search Acumen comments on Budget
Andy Sommerville, Director of Search Acumen, comments on the drawbacks of the Chancellor, Rishi Sunak, extending the Stamp Duty holiday until June in the Budget: “Today’s stamp duty extension is not just welcome news for thousands of homebuyers-in-waiting. Extending the stamp duty holiday is also a tonic for thousands of conveyancers who have been under […]
Lawyer Checker reaffirms commitment to Conveyancing Association Affiliate membership
The Conveyancing Association, the leading trade body for the conveyancing industry, has today (4th March 2021) announced Lawyer Checker, the provider of fraud protection products to conveyancers and their clients, has signed up for a further two years as Affiliate Members. Established in 2011 Lawyer Checker is now recognised as an integral element within conveyancing […]
Webinar: SDLT insights and key updates with Sean Randall
Sean Randall, Partner at Blick Rothenberg and self-described “stamp duty guru”, will be covering all SDLT Budget announcements, including the SDLT holiday extension, the new 2% SDLT surcharge for non-residents and giving an update on all relevant SDLT case law since September last year. The session will last no more than 40 minutes with an […]
SearchFlow responds to property industry announcements from the Spring Budget
Dr Tom Quirke, managing director of SearchFlow, the UK’s largest provider of legal due diligence data for residential and commercial property transactions, explains the market implications of the Stamp Duty Land Tax holiday extension to September, announced in the Chancellor of the Exchequer’s Spring Budget: “For the thousands of people currently hoping to benefit from […]
SDLT extension causes mixed reaction
Yesterday, the Chancellor Rishi Sunak announced his budget, in which the cliff-edge of the stamp duty land tax (SDLT) holiday has been extended by another three months. This adds further pressure, to an already pressurized system with conveyancers and other stakeholders working tirelessly to ensure Britain keeps moving, with seemingly little regard for people’s mental […]
Property market must move on after stamp duty holiday extension
The Chancellor’s Budget inevitably focused on extending much-needed support in response to the Covid-19 pandemic. However, as we move through 2021, the Treasury’s focus is likely to turn to closing the spending gap caused by the health crisis. The announcement of a three-month extension to the stamp duty holiday – and a higher tax threshold […]
Government statement clarifies SDLT ‘tapering’
The government has provided clarity on the stamp duty land tax announcements made by Chancellor Rishi Sunak in yesterday’s budget. The official note released by the government reads: “The temporary increase to the nil rate band for Stamp Duty Land Tax, which is the rate before you start paying SDLT on residential property has been […]