How much is the stamp duty on houses?


The amount charged as stamp duty depends on the purchase price of the property. For example, for property worth £125,001 to £250,000 the stamp duty payable is 1%. However, If the property you’re buying is in an area the Government considers to be disadvantaged, you will be exempt from stamp duty if the property costs £150,000 or less.
Q&A Related to "How much is the stamp duty on houses?"
It is a tax that basically covers the cost of having official documents that recognise ownership of certain assets. By having the 'stamp' (no longer a literal stamp) this means your
1. Restrict your property search to £125,000 or less to avoid SDLT. Purchase a property of £125,000 or less. 2. Both parties must be first-time buyers to qualify for the
separate bill, not sure if there is stamp duty on a £150k, all i know is that it dramatically increases after £250k, i think its a couple grand below £250k, and
Assuming you are Talking in £'s sterling. It must be £1700.00 Stamp. duty is 1% on Values between £125001.00 and £250000.00.
Explore this Topic
Stump duty will depend on the purchase price of the house. If your purchase price is more than 125,000 you pay stamp duty land tax of between one and four percent ...
You have to pay a stamp duty on a new house. If you purchase a property in the UK over certain purchase prices you will have to pay the Stamp Duty Land Tax (SDLT ...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014