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Stamp Duty
Stamp DutyStamp Duty
Stamp Duty Land Tax is payable in different amounts via the conveyancing solicitor, depending on the purchase price of the house.
Stamp Duty Payable:
| Puchase Price of Property | Stamp Duty payable |
| 0-£125,000 | 0% payable |
| £125,001 - £250,000 | 1% payable |
| £250,001 - £500,000 | 3% payable |
| Above £500,000 | 4% payable |
The tax is payable on the completion of the purchase of your home.
Some property developments offer stamp duty land tax exemption if they are in a regeneration area.
More detailed information on all the variations is available at www.FirstRungNow.com