Jeremy Hunt introduced that stamp responsibility cuts will solely final till 21 March 2025 in his Autumn Funds on Thursday.
The brand new time restrict will now add “urgency for individuals making an attempt to get on the ladder or commerce up within the subsequent few years”, property brokers have mentioned.
Talking within the Home of Commons, Mr Hunt mentioned: “The OBR expects housing exercise to gradual over the subsequent two years, so the stamp responsibility cuts introduced within the mini-Funds will stay in place however solely till the 21 March 2025.”
