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The beach has had to wait

Published by: Tam van Wyk

Normally, during August, we all down tools and head off to the beach, but things have been just a bit more complicated this year. In fact, it’s proved a bit of a dilemma. We’re all sick of the same four walls, but with the threat of having to self-isolate on our return, many decided on a staycation. Even that’s not been ideal, with prices rising sharply in the face of high demand and most of the good stuff quickly snapped up.

Many more of us, however, have instead used the summer months to look for a new home. After months of lockdown, we’ve all been dreaming about more space, a bigger garden and a home office. If you then add the stamp duty holiday into the mix, it’s turning out to be one of the best times in years to move on. And it’s not over yet! There’s a good supply of new stock coming onto the market, so there’s plenty of choice and, better still, you’ll be able to save up to £15,000 on your stamp duty bill, which is also bringing out plenty of potential buyers for your existing home.

Just imagine what you could do with that kind of extra cash in a new home - a new bathroom, kitchen, carpets, a conservatory or you could even put it towards an extension. The choice is yours. Now, as you can probably imagine, it won’t last forever - most transactions take around three months to complete and the stamp duty holiday ends in March, which means you’ll have to have a solid offer on your current home and have found a new one by Christmas. That’s all eminently doable, but there’s not a huge amount of spare time, so it’s best not to delay. Why not give me a call and we can help get you moving at just the right moment?

If, on the other hand, you’re one of those lucky ones who’ve already found their perfect, forever homes, we can catch up again, next month…