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NEW - STAMP DUTY LAND TAX

View profile for Kellie Darke
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Temporary reduced rates until 31st March 2021

.

SCALE 1

RATES FOR FIRST TIME BUYERS OR IF YOU ARE SELLING YOUR PRIMARY HOME AND PURCHASING A DIRECT REPLACEMENT

 

SCALE 2

RATES FOR PURCHASE OF ADDITIONAL/INVESTMENT PROPERTIES

Up to £500,000.00

ZERO

3%

From £500,001 - £925,000

5%

8%

From 925,001 - £1.5 million

10%

13%

Above £1.5 million

12%

15%

Example based on purchase price of £950,000 /Scale 1 direct purchase of a new primary home.

£500,000 -  (zero)                                 £0

£500,001 – 925,000 -                            £21,250

£925,001 – 950,000 -                            £2,500.00

DUTY now due                                     £23,750.00   (was £38,750.00, saving of £15,000.00

For a competitive, no obligation quotation please ask for conveyancing at any one of our offices, visit our website for a “quick quote” or email kld@kingsfords.net.