Published:
7:00 PM March 10, 2021
East of England home buyers could benefit from £178million in already sold houses thanks to the stamp duty extension
- Credit: Getty Images/iStockphoto
Home buyers have breathed a sigh of relief after the stamp duty holiday was extended by the chancellor, estate agents have said.
A total of 32,500 East of England home buyers, who have already agreed on a sale, according to property expert Zoopla, are set to benefit from £178m in tax savings thanks to the extension.
Grainne Gilmore, head of research at Zoopla, said: “We estimate that a further 280,000 buyers active in the market up to the end of May will benefit from savings of up to £2,500 as a result of the chancellor s ‘tapered’ extension, as long as they complete their purchase by the end of September.
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