Stamp duty holiday extended and lower mortgage deposits introduced, Sunak says

The stamp duty holiday for housebuyers is being extended for a further three months until the end of June, Rishi Sunak announced.

Purchases up to £500,000 will continue to be free from the tax – and homes bought up to a value of £250,000 until the end of September.

The Chancellor also confirmed a new scheme to provide mortgages to homebuyers who put forward only a 5 per cent deposit, with a government guarantee.

Read the full story here: https://www.independent.co.uk/news/uk/politics/budget/budget-stamp-duty-holiday-mortgage-deposit-b1811759.html

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