Rishi Sunak's stamp duty holiday is good news for Northamptonshire's house-buyers. The Chancellor zeroed duty on house purchases under £500,000 until March 31 2021 in Wednesday's big announcement — which means a £15,000 saving for buyers.
This move is aimed at helping buyers who have taken a financial hit because of the coronavirus crisis. It is also intended to boost a property market hit by lockdown after four consecutive months of falls in prices according to the Halifax.
Until Wednesday, stamp duty was not charged on the first £125,000 of a property's selling price, with a two per cent rate on properties up to £250,000 and five per cent on the next £675,000.
Property experts suggest the average stamp duty bill will fall by £4,500 with nearly nine out of ten people buying a main home this year paying none at all.
Andy Denny, director of Edward Knight Estate Agents in George Row, said: "Most houses in Northampton are priced below £500,000 so it's a very good thing for us but in central London, the holiday won't make a huge difference to many people. But in Northampton, the benefit will be great as the average house price is around the £250,000 mark."
But if you want to make the most of the saving, though, we took a a look on RightMove to find 12 houses on the market for around £½million in an around Northampton which have all effectively just dropped by three per cent overnight.
9.
Redhouse Drive, TOWCESTER Fancy something a little bit more up to date? How about thisfour-bedroom detached property, conveniently close to Sponne School? The interior of this property comprises; Entrance hall, lounge, dining room/family room, kitchen, utility room and cloakroom. On the first floor there is a master bedroom with en suite, a further three double bedrooms and a family bathroom. Outside is a south facing rear garden with decked and patio areas perfect for entertaining and to the front of the property a large block paved driveway providing off road parking for multiple cars leading to a single garage. This property really does need to be top of your viewing list to fully appreciate the accommodation on offer. Marketed by Homes on Web, Milton Keynes
10.
Hartwell Road, ASHTON This well-presented 1782 sq ftfour-bedroom detached bungalow in a highly sought after village. As well as the four bedrooms, there is a sitting room, kitchen/dining room, utility room, study, two ensuites, and bathroom plus enclosed landscaped gardens and a huge driveway and double garage. Marketed by Mustard, Towcester
11.
Kings Lane, LITTLE HARROWDEN Another golden oldie, a grade two listed detached 18th century stone property which was originally the dairy farmhouse to Orlingbury Hall. The house is in need of modernisation and general upgrading but offers lots of potential. It also retains a good amount of character with traditional features such as an inglenook fireplace, exposed beams and flagstone hall floor. The second floor space is accessed via a spiral staircase and comprises two interconnecting attic rooms and an attic bathroom. Marketed byHarwoods, Wellingborough