Until end of June 2021 Stamp Duty was altered to help stimulate the property purchase market.
Taxes are usually the biggest amount payable when buying a property in the UK normally with a mortgage loan and are also payable on stock and share transfers. There are many myths surrounding these duties, so we’ve published the latest information.
Stamp Duty Rates are set by the government, then payable to HM Revenue and Customs (HMRC) on completion of a property transaction.
Always seek professional financial advice before entering into any property purchase agreement.