by Oliver | Jul 8, 2020 | Stamp Duty
Our Chancellor, Rishi Sunak has said stamp duty will be abolished for homebuyers up to £500,000 in his Economic Announcement this afternoon. This is BIG news and could save a homebuyer up to £15,000. Yes, that is right up to £15,000! The chancellor has advised that...
by Oliver | Oct 29, 2018 | Brexit, Finance, Stamp Duty
The Chancellor of the Exchequer, Philip Hammond released The Budget just moments ago. This is the last Budget before Brexit….. To make it easy for you we have compiled a summary of the key points that may interest and affect you: Main headlines Personal...
by Oliver | Oct 10, 2018 | Stamp Duty
Are changes to Stamp Duty afoot? Yorkshire Building Society have made a statement ahead of the spring budget calling for Stamp Duty to become a tax on sellers, not buyers. This is in an attempt to improve the situation for struggling first time buyers. The threshold...
by Oliver | Oct 10, 2018 | Stamp Duty
December last year saw a long overdue change to the stamp duty system which meant big savings for the average home buyer. Only those purchasing the most expensive homes were to be worse off. The old ‘slab scheme’ had been widely criticised for applying sudden...
by Oliver | Oct 10, 2018 | Stamp Duty
Everything you need to know about stamp duty for second properties. Anyone buying an additional residential property or a buy to let within the UK will be liable to pay a 3% surcharge in Stamp Duty above that of a solo homeowner or first time buyer. This was announced...
by Oliver | Sep 29, 2018 | Finance, First time buyers, Mortgages, Stamp Duty
Stamp Duty. The bane of many a buyer! It’s essentially a land tax, and it’s payable on all properties in the UK over a certain price. But from December last year we were offered some relief from the ever-escalating costs of buying a home, as stamp...
by Oliver | Sep 29, 2018 | Stamp Duty
At long last… George Osborne has said stamp duty will be cut for 98% of homebuyers in his Autumn Statement to the Commons. The chancellor said that from midnight, the current system, where the amount owed jumps at each threshold level, would be replaced by a graduated...
