October 28, 2020

The Buckingham: Your next family home

The Buckingham: Your next family home

With five months of the Stamp Duty holiday remaining, now is a great time to take the next step towards securing your new home.

The Buckingham boasts an open-plan kitchen diner with patio doors leading to the landscaped garden, utility room, and a separate lounge with bay window. Upstairs there are four bedrooms; the principal bedroom is accompanied by an en-suite bathroom and there is an additional family bathroom.

This stunning home offers the flexibility to work from home and enjoy greater living space with a garden, maximising the full potential of the property.

By reserving a Buckingham home at Scarsdale Green, you will save up to £5,000 in Stamp Duty Tax as the property price sits below the new £500,000 threshold.

In a bid to reinvigorate the housing market, Rishi Sunak introduced a Stamp Duty holiday covering the period to 31st March 2021 to increase the stamp duty threshold from £125,000 to £500,000. This allows many buyers to make a significant saving on purchasing their new home, and instead spend the cash on new furniture or add to their deposit.

After spending more time at home during the national lockdown, buyers now have different requirements; additional bedrooms for working from home, gardens and rural locations are all in high demand in recent months as buyers search for their perfect abode.

Please note, the Stamp Duty saving varies depending on the selected plot and homes must be legally completed by 31st March 2021 to benefit from the saving.

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