Craig Taylor Director of Relationship Development at LEAP [1] comments on the Government’s plan to raise stamp duty to £500k.
The government’s recent announcement relating to stamp duty will provide a much needed boost to the property market and wider economy, fuelling a resurgence in activity levels and providing certainty at this crucial juncture. Speaking to many of our clients I know that this measure will enable staff to return from furlough and many have even started actively recruiting. Hopefully by the end of March we will be in a stronger economic position ensuring that this initial surge in market activity will continue, ensuring the ongoing success of our client base who are already well placed and adapting to distance/remote working through the use of technology and the benefits and efficiencies afforded.