How to Buy a House
Stamp Duty
Officially called Stamp Duty Land Tax, it is payable in different amounts via the conveyancing solicitor, depending on the purchase price of the house.
Stamp duty thresholds:
| 0 - £125,000 |
0% payable |
| £125,001 - £250,000 |
1% payable |
| £250,001-£500,000 |
3% payable |
| Above £500,000 |
4% payable |
Find out more about the house-buying process in our guide to how to buy a house:
How Much Can I Borrow? l Find a Property l Mortgages l Conveyancing Solicitors and Legal costs l Property Insurance l Home Information Packs l How to Budget l Surveys and Surveyors l Solicitors l Removal Companies l Utilities Companies l Buying a House at Auction l Buying a Repossessed Property
Useful websites:
www.directgov.org.uk
Most useful and most popular pages on this site:
Look for your First Property l Seek First Time Buyer Mortgage Advice l See our Best First Mortgages Comparison Table l Find out about First Time Buyer Mortgages l Find out How to Buy a House l Learn all about The First Time Buyer Mortgage l Shared Ownership