resource hub | Help to Buy and stamp duty holiday deadlines – your action plan

Help to Buy and stamp duty holiday deadlines – your action plan

The stamp duty holiday will close on 31 March 2021 and the Help to Buy scheme two months later on 31 May 2021. The next couple of months will be a busy time for completions to meet this deadline. Don’t worry, Premier Guarantee is here to help.

In order that we can support you to meet these deadlines, please take note of the following points:

 

1. Completion forecasts

 

Talk through your forecasted completions with your risk management surveyor. Use the Premier Guarantee Extranet to make sure any outstanding information shown on your technical overview is up to date: find them attached to each site inspection report.

 

2. Drainage testing

 

Ensure any drainage tests are made ready if they are to be carried out at the same time as the pre-handover inspection.

 

3. Inspection request

 

When booking a final inspection, give as much notice as possible to your risk management surveyor. Please remember we need at least 24 hours’ notice.

 

4. Make sure the plot is ready

 

Ensure the plot is ready at the time of inspection and will pass the UK Finance Logic Test.

  • Will it be a claim?
  • Will it cause the homeowner major disruption?
  • Could it be a health and safety risk to the homeowner?

 

5. Certification

 

On or before the time of inspection make sure all your commissioning certificates are ready and available.

 

6. Covid

 

The plot should be presented in line with Standard Operational Procedures and Risk and Method Statements to ensure compliance with Covid requirements.

 


Download an action plan flyer to add to your noticeboard.


 

Please note: deadlines referenced are applicable to England only.