Hooray, it’s a stamp duty holiday! Rishi Sunak’s tax cut will give flagging homes market a boost

Rishi Sunak is set to axe stamp duty on most homes on Wednesday in a temporary move designed to boost the flagging housing market. Whitehall sources said the Chancellor was ready to introduce a six-month stamp duty holiday as part of his mini-Budget designed to boost growth and jobs. Mr Sunak is understood to be … Read more

Towns where buyers would benefit most from a stamp duty cut revealed

The places where homebuyers could benefit the most from a proposed stamp duty holiday have been revealed, with potential savings of up to £15,000. Rightmove looked at the stamp duty savings for areas in England where people would stand to benefit the most if the Chancellor delivers a stamp duty ‘holiday’ in his so-called mini-Budget … Read more

‘Green Homes’ scheme, stamp duty cut: What will be in the mini budget?

Chancellor Rishi Sunak is expected to announced a series of interventions to stimulate the economy and prevent job losses when he delivers his summer statement tomorrow. Dubbed the ‘mini-Budget’, his coronavirus recovery package may pave the way for more detailed announcements in the official Autumn Budget later this year.   There’s been speculation about what kind … Read more

MARKET REPORT: Stamp duty hopes give builders £1.7bn boost

More than £1.7billion was added to the value of Britain’s biggest housebuilders on hopes the Chancellor will cut stamp duty.  Rishi Sunak is expected to propose raising the levy’s threshold so that it would only apply to properties valued at £500,000 or more, instead of the current £125,000.  The changes are expected to be unveiled … Read more

Chancellor Rishi Sunak ‘will AXE stamp duty for six months’

Chancellor Rishi Sunak could AXE stamp duty for six months on homes up to £500k in shot-in-the-arm for UK’s stalled housing market Rishi Sunak could exempt stamp duty on homes at the lower end of the market  Six-month holiday is aimed at giving the housing market a boost amid lockdown During lockdown, Britons were told … Read more

Call of Duty update drives ‘broadband traffic’s busiest day ever’

Call of Duty update drives ‘busiest day EVER for broadband traffic’ on Britain’s vast Openreach network June 30 saw more than 189 petabytes of data used by Openreach customers This smashed the previous record of 184 petabytes set on June 11  Internet use has spiked as people work from home during COVID-19 pandemic   Record-breaking usage also … Read more

Cut stamp duty for downsizers, property bosses urge

Top housing and pension bosses have written to the Chancellor calling for a new Help to Downsize scheme to boost a property market recovery and put pensioners in safer, more suitable homes.  In a letter addressed to Rishi Sunak, leaders from across the housing and retirement industries have pleaded for stamp duty to be waived … Read more

George Osborne has offer accepted on £1.6million – but could face £153,000 stamp duty bill

Former Chancellor George Osborne is set to buy a stunning £1.6 million country retreat – but could face a £153,000 bill thanks to the second home stamp duty policy he pushed through while in office. The 49-year-old ex-Tory MP has had an offer accepted on a Georgian home is in the picturesque Somerset town of Bruton, and will see … Read more

Jackie ‘O’ Henderson worried about stamp duty on $11million Sydney home

Jackie ‘O’ Henderson asks NSW Premier Gladys Berejiklian ‘a personal question’ about stamp duty after buying an $11million Sydney home By Zoe Burrell For Daily Mail Australia Published: 03:38 BST, 25 June 2020 | Updated: 03:40 BST, 25 June 2020 Jackie ‘O’ Henderson recently purchased a new home for herself and her nine-year-old daughter, Kitty, … Read more

Line Of Duty boss Jed Mercurio hopes series 6 will be completed ‘by the end of the calendar year’

Line Of Duty creator and writer Jed Mercurio has teased further news about the sixth series of the show, which was grounded to a halt mid-production due to COVID-19. Speaking to A Stab In The Dark podcast, the show boss explained that they were four weeks into filming and that the months of delays has pushed … Read more