Stamp Duty Land Tax: temporary reduced rates comes to and end on 31st March 2021.
Reduced rates of Stamp Duty Land Tax (SDLT) will apply for residential properties purchased from 8 July 2020 until 31 March 2021 inclusive.
Property or lease premium or transfer value SDLT rate
Up to £500,000 Zero
The next £425,000 (the portion from £500,001 to £925,000) 5%
The next £575,000 (the portion from £925,001 to £1.5 million) 10%
The remaining amount (the portion above £1.5 million)
For more information regarding the current Stamp Duty Holiday please visit the Government website, please click here
to read the full article.
A new housing site in South Bristol will create 1400 new homes.
The basic mortgage valuation is only to establish if the property is acceptable for a lender within that lender's specific criteria. It does not necessarily comment regarding all the defects which may be present. Our survey will report upon the general and overall condition of the property. Repair costs/maintenance can be substantial and potentially costly. The cost of your Survey can often be recovered through renegotiation, using our report.
We normally find the majority of our clients are the intended purchaser of a property. This post outlines our typical experience when someone hires us to carry out a property survey for them.
