Sales at risk as stamp duty holiday deadline nears

A number of property sales are at risk of falling through if they are not completed before the stamp duty holiday deadline of June 30. Analysis by property data firm TwentyCi suggests that four in ten sales agreed before April 1 will not complete by the cut-off, meaning more than 160,000 buyers could miss out on tax savings of up to £15,000. The report notes that more than 300,000 transactions were likely to have missed the original stamp duty deadline of March 31st.

Daily Mail (11/06/2021) The Times (11/06/2021)