Stamp duty holidays

Read and understand!

There’s still confusion around the Corornavirus related Stamp Duty Holidays. Here’s our guide.

Covid virus - led to stamp duty holidays

Background to the Stamp Duty Holidays

Back in 2019 – before we’d heard about the Coronavirus, Stamp Duty Land Tax was a means to control the property market, the 3% surcharge introduced for investors in 2016 aimed at slowing the buy to let market down, the more recent introduction of a non-resident surcharge of 2%.

The converse of this was that when the pandemic hit and the UK entered lock-down in March 2020 the housing market stopped.  In the beginning nobody was sure if viewing property was legal or not, valuers were instructed to not enter properties which were inhabited.

It took a few months for things to settle down and the market to return to some sort of normality during which time there was absolute panic in government circles around house values.


As part of the Coronavirus economic plan a six month stamp duty holiday was due to end in March, then subsequently extended to the end of June – for properties under £500,000 and to the end of October up to £250,000.

So what does the Stamp Duty Holiday mean in practice?

  • Up to 30 June 2021
    Residential properties up to £500,000 will not be charged any incremental Stamp Duty Land Tax at all.
  • Additional Property Surcharge
    There was no Stamp Duty Holiday on the additional property surcharge (for investors) is still payable at 3% on all residential property.
  • Non-resident Surcharge
    As above there has been no Stamp Duty holiday for residential
  • Commercial Property
    There was no Stamp Duty Holiday on commercial (or semi-commercial) property so the normal banding applies;

What makes unique?

Having more than 300 lenders on our lending panel means our key task is to keep things simple for you!

We call it F.U.N.D.E.D. 

It’s a simple 6 step process, which is unique to

FUNDED means that your broker will take the time to understand your funding needs today AND your future plans before we make recommendations;

It saves you time and money because by having that detailed understanding we go directly to the best sources of funding.

What types of funding can arrange?

For property investors and property developers. Our panel of bridging lenders covers short term finance for refurbishment, conversion or development. 

You can also refinance your bridging loan or purchase directly onto a buy to let mortgage or commercial investment mortgage.

Our finance experts have extensive experience in the commercial funding market and using our FUNDED model.

Funding built for you

Flats in Edinburgh, ideal first time investment for a buy to let mortgage

Does work with all businesses?

Your business needs funds, from looking after day to day cash flow to property purchases.

Through you can access a market leading panel of almost 350 lending sources.

Our finance experts have extensive experience in the commercial funding market and using our FUNDED model.

Perfect for your business

commercial investment mortgage for property purchase

What about my home mortgage?

Useful finance links and resources