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Don't miss the boat for the Stamp Duty holiday; Buying after January 2010 could lose you up to pounds 1,750 cash.


HOUSE buyers in Huddersfield need to move quickly to save thousands on their property purchase before the end of the Stamp Duty Stamp Duty

An ad-valorem or flat rate charged upon certain documents.

Notes:
This is an extra charge placed on documents.
See also: Ad Valorem Tax



Stamp duty

Applies mainly to international equities.
 holiday.

Estate agents Bairstow Eves Countrywide coun·try·wide  
adv. & adj.
Throughout a whole country; nationwide: launched a fundraising campaign countrywide; a countrywide search.

Adj. 1.
 are preparing for a surge of activity in Huddersfield as buyers and sellers rush to beat the end of the Stamp Duty holiday, which currently offers savings of up to pounds 1,750.

Buyers are not required to pay Stamp Duty on any property that is pounds 175,000 or below - but Bairstow Eves Countrywide are advising that buyers should move fast if they want to make this saving before the normal Stamp Duty threshold returns on January 1 2010.

The Government introduced the Stamp Duty holiday in September 2008 to stimulate the property market and offset the cost of moving.

It is estimated that 60% of homebuyers have benefited from this temporary tax relief.

Rachel Foster, of Bairstow Eves said: "With only three months left until the end of the Stamp Duty holiday, we are seeing more buyers on the lookout for in search of; looking for.

See also: Lookout
 properties and now is the time to cash in on the savings.

"Thousands of buyers have already benefited from the Stamp Duty holiday and it has brought some well needed relief to local buyers and sellers in Huddersfield.

"Buyer demand has increased over the last few months as house prices have begun to stabilise.

"With the anticipated upsurge in house sales, sellers considering moving should act fast while demand is high."

Contact Bairstow Eves, 44 John William Street William Street may refer to:
  • William Street, Melbourne in Victoria, Australia
  • William Street, Perth in Western Australia
, Huddersfield, HD1 1ER, Tel - 01484 513777

CAPTION(S):

TIME LIMITED: Buyers are not required to pay Stamp Duty on any property that is pounds 175,000 or below until January 1 next year
COPYRIGHT 2009 MGN Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

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Article Details
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Publication:Huddersfield Daily Examiner (Huddersfield, England)
Date:Oct 1, 2009
Words:282
Previous Article:Make it a green house to ensure you can sell.
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