STAMP DUTY CALCULATOR
Stamp duty is a lump-sum tax that has to be paid by anyone purchasing a property over a certain value. The rate a buyer needs to pay varies depending on the price of the property. In December 2014, the Chancellor's Autumn Statement announced significant changes to the amount property buyers would need to pay when making their purchase. To calculate what you will now pay, please use our helpful stamp duty calculator below:
Enter the purchase price here: £
Stamp Duty Rates
|Property purchase price||Stamp duty rate|
|£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%|
Stamp Duty rates only apply to the portion of the property price in each tax band and not the full purchase amount as it did prior to December 4, 2014. This means that someone buying a house for £250,001 will now pay nothing on the first £125,000, then 2 per cent on the next £125,000, and 5 per cent on the £1.
Semi-detached Bungalow vendor
We had not used Redwell Estate Agents previously, but having been on the market for over six months without any success, we asked if they could take on the sale of our property and they found us a buyer at the full asking price within a week, which was truly amazing. Throughout the selling process, Redwell have assisted us by liaising with all agents and solicitors involved in both the sale and purchase, resulting in a very smooth and rapid transaction. I would very much recommend their services.
Detached Bungalow Vendor
A very happy seller. As I was based 150 miles away the agent acted far and above what I anticipated which removed a number of logistical obstacles and continually kept me informed. Excellent in chasing up all relevant parties in the chain. Fees exactly as quoted with an added bonus as they included in a special bungalow promotion with a discount on the fees. Would definitely use again
2 Bed House Buyer
We had not booked to view this property; we were interested in the others being marketed by Redwell. Patrick obviously knew what we were looking for, suggested we view this property as he thought it would be right for us he was correct. Patrick is a pleasant, knowledgeable and professional person who gives a personal service to his clients, and does not take on more properties than he can manage, I would recommend his agency to other people.
Detached Bungalow Vendor
Both you and your team could not have done any more for Jean’s sale/move. Redwell Estates as a whole were totally professional from start to finish and had it not been for the building site next door, we all know the sale would have been quicker and easier! I believe you and your team went over and beyond what was required of you to which we as a family being so far from Jean at the time was most appreciated.