fbpx
Tuesday, 06 December 2016 00:00

Stamp Duty Rate Calculator | Homebuyer Conveyancing

Rate this item
(0 votes)

Our quotes include your applicable Stamp Duty Land Tax when buying a home or additional property. Find out what SDLT is due on completion.

Buying a house, apartment, studio or flat?

If you are a First Time Buyer or property Buyer and buying a house or apartment, Stamp Duty Land tax is payable to HMRC on completion. To determine your accurate SDLT tax use our conveyancing and stamp duty calculator. Some properties do fall under the minimum property price where no Stamp Duty Tax is due. 

Thinking of Moving House?

If you are thinking of Moving House or buying a Buy to Let then use our Stamp Duty Calculator and Property Solicitor finder service. The comprehensive quotes detail your legal charges and separately explains what SDLT tax is due, should you move forward with the purchase .

Compare conveyancing legals and get to grips with what Stamp Duty Tax is applicable.

Find out what Stamp Duty Land Tax SDLT you need to account for, which must be paid to HMRC on completion. The stamp Duty Rate is based on your purchase price. It will change if you pay more or less for your new property.

Budget for your legals

Planning ahead for your move and costing out the legal process is so important. The Stamp Duty rate changes if you are buying an additional property such as a Buy to Let rather than simply moving home. In just one search you can find out your Stamp Duty Rate and compare accurate fixed fee quotes by price, location and by Mortgage Lender. In your own time, find a Solicitor to manage your property legals.

No personal details are required to use the Conveyancing and Stamp Duty calculator service.

Buying an additional residential property

A higher rate of SDLT is applicable if you are buying an additional residential property or Buy to Let. The stamp duty rates change for increasing portions of the property price above £125,000 for your main residence home and £40,000 for additional property. Your Solicitor must submit a return to HMRC for all residential transactions, even if they fall in the band where no Stamp duty applies.

What happens if you complete on your new home but haven't sold your own home?

If you are moving home and have sufficient funds to buy your new home without selling your own home then this is treated as an additional property. You have to pay a higher SDLT rate tax. You have up to 36 months to sell your first home. At which time you can claim the difference between the standard SDLT tax and the Higher SDLT tax. Some cash buyers, company move buyers do find themselves in this situation.

We make it easy for your to budget for your legal costs when buying property.

Stamp duty Tax applies even if the additional property is vacant on completion.

For reference the higher rate Stamp Duty Tax apply to properties completing after 1st April 2016

Helping hand from Mum and Dad.

The papers do comment on how the bank of Mum and Dad helps many First Time Buyers on to the property ladder. Seek guidance from your Solicitor on how best to manage this situation. If Mum and Dad names are on the deeds then they have now entered into owning an additional property. The high rate of tax would be applicable.

Budget for your move

Instant conveyance and Stamp Duty calculator for your move.

Investors?

Buy to let remortgage conveyancing.

or call

0345 463 7664

Read 6373 times Last modified on Wednesday, 16 May 2018 17:11

New Homebuyer Scottish Conveyancing panel

Instantquotehandbutton3 Legal Coverage For Scotland

Why Choose Us

The Homebuyer Conveyancing panel provides you with the conveyancing calculation search filters to match your specific legal needs, when it comes to selling, buying and remortgaging residential property or buy to let investments. Our Lender Conveyancing Solicitors panel cover England and Wales. Your remortgage, sale and purchase conveyancing prices are fully itemised. No hidden extras. Free No Obligation Advice

First Time Buyer? Need Conveyancing Advice? – Prepare your conveyancing legal question and book a timed call back from your chosen Conveyancer.

Alternatively please call us on 0345 463 7664. We are here to help you.

Find your best Lender panel approved Conveyancing Solicitors quote for your residential New Build, Sale and Purchase, Moving House or Remortgage. Use our free independent Conveyancing Solicitors near me comparison service. 

Our Service Promise

  • Price Comparison quote service - No personal details
  • Conveyancing costs - Fully itemised quote - Include legal fees and disbursements
  • Book a call from your Conveyancer at your requested time
  • Professional Solicitors and Licensed Conveyancers that understand your needs
  • Please call us on 0345 463 7664 We will help you find your best conveyancing quotes
  • The Homebuyer Conveyancing Panel are monitored for on time call backs and service delivery. They adhere to a Customer Charter. We value Customer feedback and act on it
  • SRA Regulated Solicitors and CLC Licensed Conveyancers
  • Homebuyers can add the Flexi Smart Contingency House Insurance

      Find out about Buyers Protect Insurance.

      Conveyancing Service Promise.

      Conveyancing Direct Service

      The conveyancing costs Process Explained

 

Homebuyer Survey Costs

Click the link -  SURVEY Finder

Order your Homebuyer Survey and Valuation

Is your new property in good order and worth what you are paying for it.

You can get a discount on the following reports.

RICS Condition Report - Property Condition

RICS Homebuyer Report - Property Condition and Valuation

RICS Premium Building Survey - Property Condition, Valuation with approximate urgency with cost

Get An Instant Online Conveyancing Quote

Homebuyer Conveyancing is made up of a panel of Conveyancers that cover the counties in England and Wales. 

Customer Service Promise
Homebuyer Assured
Content

Let's Talk!

If you would prefer to speak directly, please contact us on:

0345 463 7664