Average time from sale agreed to completion is 110 to 115 days

Get a move on! Not just a great song by Mr.Scruff, but the current reality if you want to make a saving when buying a property in 2021.

The Chancellor recently announced a stamp duty holiday extension, offering buyers in England and Northern Ireland a discount of up to £15,000 until the 30th of June 2021 and £2,500 up to the 30th of September 2021.

In Wales, no land transaction tax will be due on the first £250,000 of any primary residential property until the 30th of June 2021.

In Scotland, the stamp duty holiday has not been extended, finishing at the end of March 2021 which makes all you buyers out there in England and Northern Ireland very lucky.

According to Zoopla, the average time for an agreed sale to complete has increased from 90 days to 110 -115 days.

For sales to complete by the 30th of June, most will have needed to be agreed by now. To complete by the 30th of September a sale needs to have been agreed by the 7th of June 2021.

We work with an amazing solicitor so feel free to contact us if you are looking for a recommendation.

If you are looking to sell your own property and save on stamp duty, now is the time to do so. Book a valuation today https://butlerresidential.co.uk/value-my-property