Welsh stamp duty holiday extended

5 March 2021 | General

The stamp duty holiday in Wales has been extended until the end of June, following this week’s announcement from Westminster.

This means buyers in Wales won’t have to pay stamp duty on purchases up to £250,000 – compared to the usual minimum level of £180,000.

However, unlike the extension in England there will be no tapered end to the relief.

Sean Randall, partner at Blick Rothenberg, said: “The 1 July 2021 will become the new ‘cliff-edge’. The Welsh stamp duty holiday is worth up to £2,450.

“Pressure will now be on the Scottish Ministers to extend their stamp duty holiday, also capped at £250,000 and worth up to £2,100, which is due to end on 31 March 2021.”

This post has originally been featured in Property Wire.