Squeaky wheel get's the oil

Advice for all sellers and buyers right now. The stamp duty deadline is looming, what can you do to help yourself make it in time

You are probably thinking 'what' are they on about. Let me explain....

Rightmove has updated us that a mammoth 613,000 sold subject to contract properties still awaiting legal completion, with Rightmove projecting around 100,000 will face an unexpected tax bill as they miss the 31st March cut-off

You could be buying only, selling only, or doing both and this could affect you soon. This is the time to get ahead and not leave everything to the last minute.

If you are purchasing it's obvious the advantage, with up to £15,000 saving in stamp duty if you complete on or before March 31st, 2021. Don't be fooled into thinking it's not the same if you are only selling, as if you don't make it through, this could have a detrimental effect on the sale price of your home moving forward.

So how can you help yourself? Be noisy!

Solicitors need to know you are there, pushing and in contact. If it goes quiet it could be a sign things are slowing down, or others are being concentrated on. There are so many transactions going through, solicitors are under immense pressure to get so many completed in time, you want to make sure they know about yours and are put to the top of the pile.

Push your agents, they are working for you. If you do not know what the next step is or the full process, let's not panic, just speak to the agent you are working with. They should want this to go through as smoothly as possible and we play key parts in communication to everyone involved.

I would say to make sure things are moving forward, at least a weekly email to your solicitors and agents to be updated, also asking if there is anything you can do. The saving affects you the most, so let's get after it and be noisy. To put it bluntly, everyone will want it to be fixed and go through, to keep things quiet.

Good luck, let's get it done.

Dan

Dan Salisbury

Avocado partner agent

Dan & Neil Estate agents

Get in touch with us

First Name

Last Name

Your Email Address

Mobile Phone

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as our products and services. By confirming, you also agree to the use of cookies to enhance your experience. (You will always have the right to unsubscribe or manage your cookie preferences at any point in the future.)

Confirm

70 Days to Sell a Ruislip Home…

If you are a homeowner or landlord in Ruislip and thinking about selling in the coming months, one question tends to rise above all others. How long is this going to take?

CLICK HERE >

Is the Gap Between Tadley 2-Bed & 3-Bed Homes Really Stopping People Moving?

Over the last few weeks, there has been a growing narrative in the national press suggesting that the housing ladder is becoming increasingly difficult to climb. Much of this centres around the widening gap between smaller and larger homes, with many commentators suggesting that homeowners are becoming “stuck” and unable to move up.

CLICK HERE >

What’s Happening with Bracknell Land Searches - And What It Means for Your Property Move

Bracknell Forest Council’s search delays due to a system issue are stalling property transactions, impacting chains and mortgage timelines. Limited alternatives exist, but not all are suitable—buyers and sellers should seek advice and stay informed.

CLICK HERE >

Why is Blackwater Property Market Bucking the National Trend?

There is a growing shift taking place in the UK property market, and it is not one that can be ignored. While much of the national conversation focuses on house prices and interest rates, a quieter yet more revealing metric is beginning to stand out, how long properties are taking to sell.

CLICK HERE >