Stamp Duty Increased 1st April 2025
Please note that stamp duty rates have increased with effect from 1st April 2025.
How Much Stamp Duty Would I Pay on a 1 Million Pound House?
Stamp duty rates have changed over the past few years but one thing that remains the same is that you have to pay quite a bit of money in stamp duty when you purchase a 1 million pound house. The amount that you pay is calculated in tranches based on the purchase price and needs […]
What are the Stamp Duty Changes in the Mini Budget 2022?
The chancellor, Kwasi Kwarteng, has today announced some changes in his ‘mini-budget’ including a reduction in the rate of stamp duty for some purchases. What are the stamp duty changes that have been announced? They are as follows: No stamp duty is payable on purchases under £250,000 (this was previously set at £125,000) and for […]
How Much Stamp Duty on a £550k Property?
How much stamp duty will I have to pay on the purchase of a £550k property? The answer to this depends on what your situation is and in particular whether this purchase is for your main or only residence or if you have/will have other property and it will be a subsequent property purchase. So […]
Stamp Duty – £230k Property
How Much Stamp Duty is There to Pay on a £230,000 Property? Stamp duty is payable in the UK on most property purchases, particularly residential property purchases above the value of £250,000 (figures updated September 2022). The amount that you have to pay depends on the purchase price of the house/property and is calculated as […]
Stamp Duty – £210,000 House
How much stamp duty is payable on a house being purchased for a price of £210,000? In another in our series we look at how much stamp duty you need to pay when you buy a house worth £210,000. Stamp Duty is payable on residential properties over the value of £250,000 and so you may […]
How Much Stamp Duty on a £425,000 Property?
How much stamp duty is payable on a property with a purchase price of £425,000? When you purchase a property in the UK you will need to pay stamp duty on that purchase which is an additional cost that needs to be taken into account when the purchase goes through. The amount of stamp duty […]
How Much Stamp Duty on a £375,000 Property?
As you are probably aware, stamp duty is payable on most property purchases in the UK and the amount payable is dependent on a few criteria – the main one being the cost of the property that you are buying and also whether the property you are purchasing is your main or only home, or […]
How Much Stamp Duty is Payable on a House Costing £220,000?
As you probably know, stamp duty is payable when you buy a residential property in England and the amount payable depends on the purchase price of the house or property that you are buying. In this series of articles we are addressing how much you will need to pay for a property worth a specific […]
Stamp Duty on a £325,000 Property
How much stamp duty is payable when you buy a property costing £325,000? (Updated November 2024) If you are buying a property in the UK then you probably know that you will need to pay stamp duty on the transaction when the purchase completes. The payment is usually made through your solicitor no later than […]