Stamp duty - save a lot of money! - HotUKDeals
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Stamp duty - save a lot of money!

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Finally! New Stamp Duty will save you £4,500 on £275k property Much better system now in place from tomorrow. Calculate here how much you will pay as of tomorrow http://www.hmrc.gov.uk/tools/s…
maremalin1 Avatar
2y, 2m agoPosted 2 years, 2 months ago
Finally!

New Stamp Duty will save you £4,500 on £275k property

Much better system now in place from tomorrow.
Calculate here how much you will pay as of tomorrow
http://www.hmrc.gov.uk/tools/sdlt/land-and-property.htm

I feel VERY sorry for those who exchanged contracts in last few days/weeks.

Updated rates:

Part of relevant consideration Rate
So much as does not exceed £125,000 - 0%
So much as exceeds £125,000 but does not exceed £250,000 - 2%
So much as exceeds £250,000 but does not exceed £925,000 - 5%
So much as exceeds £925,000 but does not exceed £1,500,000 - 10%
The remainder (if any) 12%

Few examples:

Property price: £185,000 - Saving £650
Property price: £275,000 - Saving: £4,500
Property price £510,000 - saving: £4,900
maremalin1 Avatar
2y, 2m agoPosted 2 years, 2 months ago
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Comments/page:
#1
That's just ace considering about 90% of the population can't afford to get on the property ladder or afford an house over 120k LOL
2 Likes #2
Indeed, thanks for the calculator, we are saving over £1k on our purchase so great news!
#3
I feel VERY sorry for those who exchanged contracts in last few days/weeks.

They are entitled to pay new fee unless they have already complete the purchase.
#4
Palwan
I feel VERY sorry for those who exchanged contracts in last few days/weeks.

They are entitled to pay new fee unless they have already complete the purchase.

There stil will be number of very unhappy people

Completed your sale before the 4 December 2014
If you completed on the purchase of your property on or before 3 December 2014, but have not yet filed your stamp duty return, you still have to pay stamp duty under the old rules.

Edited By: maremalin1 on Dec 03, 2014 15:05
#5
c'mon admins - this is deal - why no voting button :-)
#6
I have created a calculator so show how much you'll pay (and save).

https://docs.google.com/spreadsheets/d/1UhNxOBZ3gyEPrXf6BniHyhBakAnvwLabOtATqnC7x0c/edit?usp=sharing



:-( just saw that the the gov website already has this! Was fun making it anyway.

Edited By: timber4483 on Dec 03, 2014 17:08: .
#7
Sweet. I'm about to exchange contracts. Saved few hundred £. Next time announce it before black Friday please Mr Osborne!!!!!
#8
timber4483
I have created a calculator so show how much you'll pay (and save).https://docs.google.com/spreadsheets/d/1UhNxOBZ3gyEPrXf6BniHyhBakAnvwLabOtATqnC7x0c/edit?usp=sharing
Like this post to bump it to the top

http://www.hmrc.gov.uk/tools/sdlt/land-and-property.htm
1 Like #9
maremalin1
c'mon admins - this is deal - why no voting button :-)


cuts cuts cuts cuts cuts...election = free money....free money....free money.

sounds about right
#10
I have just been checking, house purchase saving of over £1,100...my son is going to get a great shed with that saving....
#11
missleading
At £500k it will be the same as before. Anything over will be more expensive.

Fortunately, not in my budget to spend half a million. Besides in most places that would mean too much cleaning....which I admit to being pretty poor at.
#12
missleading
At £500k it will be the same as before. Anything over will be more expensive.

As your name; your comment is totally misleading.

New rule save anyone buying under £950k or there about.

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