Beat the stamp-duty rise with Millwood Designer Homes

The rate of stamp duty on properties over £1 million is set to rise from four to five per cent on April 6. With the deadline looming, now is the time to move if you want to beat the rate increase. And it is certainly worth considering because you could be saving at least £10,000 in tax.

Richard Elliott, sales manager for Millwood Designer Homes says, “For people looking to buy a property worth at least £1 million, there is still time to avoid the rise. In fact, according to some agents, a growing number of buyers are insisting that purchases are completed before the end of the tax year on April 5. And when you look at the figures, it makes sense to try to get in ahead of the rise.

“Take Furnace House in Blackboys, East Sussex, as an example. The home is priced at £1.5 million which means you could save a massive £15,000. Savings like this can make a really big difference, particularly in the current climate.

“I would urge anyone thinking about buying a £1 million-plus property this year to seriously consider completing before April 6. And if you are looking for a unique detached property set in the glorious East Sussex countryside, then Furnace House is the home for you!”

Situated on peaceful Gun Road in Blackboys, Furnace House is a substantial five-bedroom detached property, set in a two-acre plot with triple garage. Traditionally-styled like a Sussex farmhouse, it features an impressive kitchen/breakfast room with Range cooker and bi-folding doors leading onto the rear garden as well as a separate utility room and cloakroom, study, dining room and family room. The spacious sitting room has a beautiful Inglenook fireplace as well as French doors.

Upstairs, there are five spacious bedrooms, three with en suites, as well as a large family bathroom. The master bedroom also boasts fitted wardrobes as well as French doors with Juliette balcony overlooking the beautiful rear garden.

Prices from £1.5 million. For more information, visit: mdh.uk.com