Can you explain the recent stamp duties change and how it would impact the United Kingdom real estate market?

[deepb_parker]

Can you explain the recent stamp duties change and how it would impact the United Kingdom real estate market?

[urosh.teodorovich]

Simply put: properties up to £500,000 are exempt from stamp duty, provided completion is before 31 March 2020. Overseas buyers or second-home buyers will still have their additional 3% stamp duty. The intended impact of this measure will be to boost transaction volume, especially for buyers at £500k or below.

Fore more: https://youtu.be/xUJt9LTcPLA