HAVE you missed the chance to take advantage of Chancellor Rishi Sunak’s stamp duty holiday? 

With just 54 days until the March 31 deadline, it is unlikely anyone who hasn’t had an offer accepted already will be able to avoid paying stamp duty tax. 

House sales are currently taking on average 126 days to complete, that’s more than four months, according to the latest statistics from Rightmove. 

Tim Bannister, director of property data at Rightmove said:

“There are still a huge number of sales agreed in 2020 that are stuck in the processing logjam and awaiting legal completion, with many hoping to beat the impending tax deadline.

"For those who fail to do so, there may be difficulties if they have factored the tax savings into their budget calculations."

However, don’t let the end of the stamp duty tax holiday put you off moving house - make sure you know how much extra you’ll be paying and factor that into your budget when you find your dream home. 

Using a stamp duty tax calculator it is easy to find out how much extra you’ll have to pay, we’ve used one from London and Country Mortgages. 

Here’s how much stamp duty you will have to pay on these five homes under £500,000 in Oxfordshire:

Fairlie Road, Oxford OX4

£450,000

Banbury Cake:

This large five-bedroom home in Fairlie Road is currently on the market for £450,000. 

If you are not a first time buyer and this wouldn't be a second home or rental property then you would have to pay an additional £12,500 in stamp duty tax.

The property is currently registered as a HMO but would make a stunning home for a large family looking to live closer to the city centre. 

It also benefits from a large garden, out house and driveway parking. 

Find out more on Zoopla.

School Lane, Stadhampton, OX44

£400,000

Banbury Cake:

This stunning two-bedroom detached home in Stadhampton is currently for sale at £400,000. 

The outstanding family home has off-road parking and stunning gardens.

It has undergone improvements including a refitted ground floor bathroom and new central heating throughout , making it a lovely modern space for the new buyers. 

The total stamp duty for this property is £10,000 which is payable within two weeks of the sale. 

If you're interested in this property visit Zoopla.

Eynsham, Oxford OX29

£260,000

Banbury Cake:

The guide price for this two-bedroom home in Eynsham is £260,000 which means the buyer would pay an additional £3,000 in stamp duty. 

On the market with Chancellors this property is offered with no onward gan and has central heating and double glazing throughout. 

The property has an open plan living / dining room,  kitchen and two good-sized bedrooms. Outside there is a courtyard garden.

Find out more on Zoopla. 

Saxton Road, Abingdon OX14

£250,000

Banbury Cake:

If you buy a property for £250,000 like this semi-detached house in Abingdon then the stamp duty tax would cost you £2,500. 

This three-bedroom property is set back from the main road and offers both a front and large rear garden.

Available through Chancellors, visit Zoopla for more information.

Emden House, Barton Lane, Headington OX3

£150,000

Banbury Cake:

Close to the John Radcliffe Hospital the buyers of this one-bedroom flat on the market for £150,000 would need to pay an extra £500 in stamp duty tax.

The property itself has one large bedroom with ample storage, a contemporary fitted kitchen and modern shower room as well as a sunny sitting room and rear access. 

Outside there is a communal garden - the property is marketed with Scott Fraser.

For more information visit Zoopla.