Norfolk estate agents support stamp duty extension in budget

Chancellor of the Exchequer Rishi Sunak delivering his budget to the House of Commons.
- Credit: PA
House buyers got the news they were waiting for when Rishi Sunak pledged to extend stamp duty to June and back low deposit mortgages.
The chancellor, delivering his budget in the House of Commons, ended the nail-biting wait for people who are in the process of buying a house but not completed by extending the stamp duty holiday from March 31 to June 30.
He also stated the raised stamp duty tax threshold of £500,000 he brought in last year would become £250,000 from September and revert to £125,000 from October.

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