London benefits from recent Stamp duty cut for properties value below 500k GBP for 6 months until 31 March 2021. What does it mean? Currently the stamp duty is 0% for first 125,000, and for the first property within this period of time will be 0% for first GBP 500,000.
London has always been a special case in terms of the property market, however, and estate agent Finlay Brewer, which specialises in prime west London property, finalised seven exchanges during the lockdown period at a total of £7.4 million.
This bodes well for the coming weeks and months as restrictions begin to relax and viewings can once again take place following the latest government guidelines, especially given a flurry of activity following The Prime Minister’s speech on the first May bank holiday weekend – early signs of confidence returning to the market.
Royal Wharf E16
Nice river view with swimming pool. This project provides 3,385 homes include townhouses and apartments. With only 12 minutes travel time to Canary Wharf.