The Chancellors announcement means that both first time buyers and home movers can benefit up to £15,000 when purchasing a home until March 2021.
Martin Fitzpatrick, Chairman of Lockley Homes said "We are delighted with the news that properties under £500,000 will be exempt from Stamp Duty until March next year. This will be give substantial financial assistance to people looking to move onto or up the property ladder. The Covid-19 lockdown saw families spending more time at home than ever before. Moving to a beautiful home with modern living space, purpose-designed work space and easy access to the great outdoors will now be within the affordability of more buyers."
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