
Housing Market To Remain Open During Lockdown
The housing market will remain open during the new lockdown in England.Boris Johnson has announced a set of new national restrictions for England, Continued
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Brackets | Standard rate | Buy-to-let/Second home rate |
---|---|---|
Up to £500,000 | 0% | 3% |
£500,001 - £925,000 | 5% | 8% |
£925,001 - £1,500,000 | 10% | 13% |
Over £1.5m | 12% | 15% |
From 8 July 2020 to 31 March 2021 the special rules for first time buyers are replaced by the reduced rates set out above. Source: HMRC (July 2020) |
The housing market will remain open during the new lockdown in England.Boris Johnson has announced a set of new national restrictions for England, Continued
The housing market has proved resilient in the face of the Covid-related disruption and buyer demand has been sustained at a high level since May Continued