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Accord Mortgages has turn out to be the newest lender to ensure to finish instances submitted early subsequent week forward of stamp responsibility threshold adjustments on the finish of the month.
The intermediary-only lender says these instances must be submitted by 25 March, forward of the 1 April deadline.
It additionally urges brokers and solicitors to name the agency if they can not meet this deadline however are “focusing on a March completion”.
The lender anticipates an “extraordinarily busy final week of March” and may “double capability if wanted” to finish loans.
On 1 April, the stamp responsibility fee threshold will fall to £125,000 from £250,000 for house movers, and to £300,000 from £425,000 for first-time consumers.
Barclays and Lloyds Banking Group — which incorporates Halifax and Financial institution of Scotland — have provided comparable pledges this week.
Accord head of gross sales and distribution Chris Hill says: “We all know our valued dealer companions shall be doing the whole lot they will to assist their purchasers keep away from paying considerably extra when the stamp responsibility thresholds change initially of April.
“So, we’ve maximised assets throughout our highly-skilled buyer assist staff to assist them obtain that.”
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