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“Do not let the tax tail wag the commercial dog”
There has been mounting debate and speculation on what the Chancellor will commit to in his Spring Budget on 3rd March, with regard to the Stamp Duty Holiday and its potential extension from the cliff-edge date of 31st March. By the time the majority of you read this article, Mr Sunak’s Spring Budget will have been delivered, the immediate speculation will have abated and we will be able to gauge, with some certainty, the direction of travel in terms of SDLT, and perhaps wider capital taxation decisions affecting the property market, and other support measures and products in the wider mortgage markets.
However, as the commercial investment saying goes: “Do not let the tax tail wag the commercial dog” and this is appropriate to that all important decision of moving home. Now, more than ever, it is essential that you take professional, experienced and sensible advice so that you can move with confidence. Whether you are looking to sell or just want an assessment of your property in light of current market conditions, call me today to arrange a free, no obligation market appraisal of your home. With the ever-optimistic feeling of spring in the air, now is as good a time as any to consider your next move. All our valuations are carried out adhering to Covid19 guidelines and remote inspections can be arranged, if you require.
If you are looking to buy, contact us to register your details and discuss your requirements for your new home. Be the first to view our properties and keep in touch with the latest news in all things property-related. Our expert team are on hand to help you find your next home. Call your local offices in Ryedale: Malton 01653 692151; Pickering: 01751 472724; Helmsley: 01439770232
Henry Scott, Partner, BoultonCooper