Virtual Parliamentary Stamp Duty Holiday Debate To Take Place Monday

A 6 Month Stamp Duty Holiday Extension Is Proposed

Monday the 1st of February is set for a parliamentary debate, online, to discuss an extension to the current Stamp Duty Holiday; something which the property industry welcomes. The Petitions Committee announced that the virtual debate will take place, following a large scale public e-petition.

Originally, the debate had been delayed following an announcement by Jacob Rees-Mogg that the chamber hosting e-petition debates (with over 100,000 signatures), was to close for the foreseeable future, due to Covid. Moving the debate online has addressed this issue, allowing the parliamentary debate to go ahead.

The online petition, which currently has over 120,000 signatures is asking for a 6 month extension on the Stamp Duty holiday, which is currently set to expire on the 31st of March. The petition states; ‘Extending the Stamp Duty Holiday for an additional 6 months will assist many buyers who are looking to move to a property that they will not be able to afford otherwise.
This will help to stabilise the housing market’. As with the current Stamp Duty holiday, the proposed extension applies to properties under £500,000

The Online Debated Is Set For 1st February, 4.30pm

The online debate session will be lead by Elliot Colburn, a member of the Petitions Committee, with Jesse Norman MP, Financial Secretary to the Treasury responding.

If you would like to view the online debate, it can be accessed via Parliament Live and the Parliament YouTube Channel.

An extension to the Stamp Duty holiday would be welcomed by most estate agents, including Open House Wigan, which would allow buyers to save on buying their next property. So far, the measures in place have kept the property market buoyant.

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Fairfield Ave, Pemberton, Wigan. WN5 8D £260,000

As soon as you walk into the elegant lounge of this property you will appreciate that no money has been spared here as everything in this room, including the laminate flooring, the gas fire and the blinds are obviously top quality. The kitchen has a an expansive island that doubles as a breakfast bar. There … Read more

401 Poolstock Lane, Wigan, WN3 5RB £170,000

STC………SOLD IN TWO DAYS………STC Magnificent Edwardian Property built 1907 18 sq mtrs of space are provided in the magnificent kitchen The cooking area and the dining area are set at either end of this spacious 6 mtr long room.with multi fuel stove Main Bedroom 21 sq mtrs. Bedroom 2. 14.85sq mtrs Bedroom 3. Ideal for … Read more

Close House Farm, Wigan.https://www.onlineestateagents.org.uk/property-details/OPXN000107/greater-manchester/wigan/hindley?page=1&showstc=on&showsold=off&instruction_type=Sale&address_keyword=Wn2+3SH&minprice=&maxprice=&property_type=

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Close House Farm, Hindley, Wigan, WN2 FOR SALE £950,000 Close House Farm offers great potential in many areas as well as being a fantastic place to live, work and play. Set in four acres of land, well away from main roads and noisy traffic, its a safe and quiet haven for all the family. With … Read more

Naylor’s Farm & Equestrian Centre: Bickershaw, Wigan, WN2 5TU

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