Save yourself the hassle of trying to sell your home by calling upon the services of our highly regarded estate agents. Here are Meridian Estates, we are experts in marketing and advertising a wide range of properties for sale. What’s more, we also have a broad selection of properties that are available to let.
Our vendors set their own reserve price and completion date, putting them in control of the sale.
When you buy a residential property in England and Wales over a certain price, you have to pay stamp duty. In Scotland, land and buildings transaction tax replaced stamp duty on 1st April 2015. In December 2014, the way stamp duty in England and Wales is calculated changed, making it cheaper for 98% of people who pay it.
Under the old rules, buyers paid tax at a single rate on the entire property price. Now you only pay the rate of tax on the part of the property price within each tax band – like income tax. From April 2016, buy to let and second home buyers will have to pay a 3% surcharge on each stamp duty band.
Stamp duty rates in England and Wales for residential property: