98% of people will pay less Stamp Duty under new rules .... Now is the time to move!

Under new Stamp Duty legislation 98% of buyers will pay less.

For example -

Example purchase price   Tax paid old rate     Tax paid new rate     Saving

£185,000                                   £1,850                      £1,200                         £650

New rates

Purchase Price of Property         New rates

£0 - £125,000                                 0%

£125,001 -£250,000                        2%

£250,001 - £925,000                       5%

£925,001 - £1,500,000                    10%

£1,500,001 and over                        12%

Please click on the link below to the Government guide to Stamp Duty

https://www.gov.uk/stamp-duty-land-tax-rates

Stamp Duty calculator:

https://www.gov.uk/stamp-duty-land-tax-calculators