Find your perfect new home! Save on stamp duty at Abbey New Homes’ developments

 

The Chancellor’s announcement of a stamp duty holiday means the tax-free stamp duty threshold has increased from £125,000 to £500,000 on property sales – saving people up to £15,000 if they buy a home before 31st March 2021.

HOW MUCH WILL THE STAMP DUTY HOLIDAY SAVE BUYERS
Purchase priceOld ratesNew rates
£100,000£0£0
£200,000£1,500£0
£300,000£5,000£0
£400,000£10,000£0
£500,000£15,000£0
£600,000£20,000£5,000
£700,000£25,000£10,000
£800,000£30,000£15,000
£900,000£35,000£20,000
£1,000,000£43,750£28,750
£1,100,000£53,750£38,750
£1,200,000£63,750£48,750

 

For those of you considering an Abbey home, take a look at what this could mean for your budget across our developments:

St Nicholas Place is a collection of one, two-bedroom apartments and three, four- and five-bedroom homes, less than ten minutes from dynamic Oxford city centre.

Westbrook Place comprises 32 three and four-bedroom homes in a modern village less than ten minutes’ drive from dynamic Horsham.

Warmington Mews is a selection of two-bedroom apartments and three-bedroom houses in the centre of Crowborough, East Sussex enjoying close proximity to excellent amenities.

Tavistock Place is a new development of two, three, four and five homes set in Harrowden Green, an excellent location for commuting and leisure travel with a wealth of amenities within an hour away from London.

With a variety of attractive, modern properties of different sizes and styles to choose from, Abbey New Homes has homes to suit across a range of price options.

Property Type              Location       Starting price     Old SDLT Rate   New SDLT Rate   Savings 

1 bedroom apartment    Kent               £150,000              £500                   £0                       £500

2 bedroom apartment   East Sussex    £250,000             £2,500                 £0                       £2,500

3 bedroom house         Horsham         £385,000              £9,250                 £0                       £9,250

4 bedroom house         Bedford          £335,000              £6,750                 £0                       £6,750

5 bedroom house        Oxford            £565,000              £18,250                £3,250                £15,000

 

*Savings calculated using Money Advice Service online stamp duty calculator