STAMP DUTY
Stamp Duty is the tax you pay to government when buying property in the UK. But recent changes mean you could pay a lot less when you purchase your forever home with Newett Homes.
Stamp Duty rates:
- 0% on the first £125000
- 2% on the portion from £125,001 up to £250000
- 5% on the portion from £250,001 up to £925000
- 10% on the portion from £925001 up to £1.5million
- 12% above £1.5million
- Plus first time buyers have no Stamp Duty to pay up to £300,000 saving them up to £5000
Visit the government’s own website for more detailed information on Stamp Duty.
Calculate the Stamp Duty on any property here.