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Countdown to stamp duty deadline
What a difference a year makes. The cautious optimism that greeted the arrival of 2024, is in stark contrast to the buoyant start that the UK housing market has made to the opening months of 2025.
The market recovery that began in earnest last year has been further supported by wider economic confidence as we head into spring, traditionally one of the busiest periods of the year. Also contributing to the increase in activity are the changes to Stamp Duty Land Tax (SDLT) due to take effect from 1st April 2025, when the temporary increases to the thresholds that were put in place in September 2022 come to an end. All parties involved in the conveyancing process are under pressure from buyers looking to complete their property purchase by 31st March, none more so than conveyancers. And that’s where Countrywide can really help.
In the last few years we’ve seen several spikes in market activity caused by similar SDLT changes and deadlines, and each time we’ve been able to meet the increased demand. Our team of experienced underwriters is the largest in the market, and they are here to provide support for all your legal indemnity requirements, no matter how busy it gets. So, if you have a transaction where a restrictive covenant on the title is proving problematic, or you’re dealing with a case where there appears to be a small area of unadopted access land between the property and the adopted highway, our unbeatable customer service will ensure that getting a legal indemnity quote doesn’t cause you and your client any additional delay.
How you choose to contact us is entirely down you. If you phone us, your call will be answered by an underwriter. There’s no switchboard or automated responses, and they’ll be able to deal with your case immediately. Should you email us the details, we’ll get back to you within one hour. We treat every case on its own merits, so there’s nothing we won’t consider – we can often provide bespoke solutions for challenging enquiries that our competitors are not prepared to quote for. Or you can go to cli.co.uk for an instant quote. You’ll find over 600 products to choose from, including numerous combined policies, and there’s even a referral service for especially complex cases. Just submit the details to us online and you’ll get a response from our team within 15 minutes.
With the March deadline fast approaching, you can rely on Countrywide to provide a quick and efficient response to your enquiries for legal indemnity insurance over the next few weeks… and beyond.