Stamp Duty Questions

Does the Stamp Duty Cut Apply to Second Properties?

Last week, the Chancellor Rishi Sunak announced a cut in stamp duty to 0% for the first £500,000 of the property purchase price in order to kick start the housing market. But does this stamp duty cut apply to second properties? The answer to this question is yes and no. The way that stamp duty […]

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 […]

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 £600k Property

Working out the stamp duty payable Calculating how much stamp duty is payable on a property purchase has become a bit more complicated in recent years after the introduction of tiered rates of payment depending on the property price. Although this has stopped there being sudden jumps in stamp duty payable depending on the house […]

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