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Mr Sunak confirmed: So, due to the sheer volume of transactions we re seeing many new purchases won t complete in time for the end of March. So I can announce today. The £500,000 nil rate band will not end on the 31st of March, it will end on the 30th of June, then, to smooth the transition back to normal. The nil rate band will be £250,000, double its standard level, until the end of September, and we will only return to the usual level of £125,000 from October 1. In responding to the announcement, Francesca Carlesi, the Co-founder and CEO of Molo Finance, had the following to say: The extension is a responsible move by the Government. ....
| UPDATED: 14:52, Wed, Mar 3, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Mortgage schemes and property changes are on the horizon as Rishi Sunak continued to provide support in today s Budget. The Chancellor extended a number of coronavirus support measures and introduced new ones. ....