Stamp Duty Land Tax (SDLT) is a statutory tax payable to the government when buying property and land in the UK. Since December 2014, the tax is only payable on the part of the property price within each tax band (similar to how income tax is calculated). Introduced in April 2016, Buy-to-Let or Second Home rates are charged at 3% above SDLT.
Up to £125,000
Above £125,000 to £250,000
Above £250,000 to £925,000
Above £925,000 to £1,500,000
Your conveyancing solicitor will arrange payment, within 30 days of the completion of your purchase.
"Sound advice and excellent communication"
I was absolutely delighted to receive a superb, professional service from Edwards. Sound advice and excellent communication made me confident that the marketing and sale of my property was in very good hands. Many thanks to Deidre Golding and her team for bringing that about successfully. I would not hesitate to recommend Edwards to any potential sellers!
"I have no hesitation in recommending Edwards"
All the staff were very helpful and eased what could have been a difficult sale. They were all very professional and I have no hesitation in recommending Edwards to other sellers!
Mrs Middleton May 2019