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Expert Property Solicitors and Conveyancers with a Personal Approach

REDUCTION IN STAMP DUTY LAND TAX (SDLT)

>  The Government has announced that rates of Stamp Duty Land Tax have been cut with effect from 23 September 2022.

 

>  Where a property is being purchased by first time buyers who plan to use the property as their main residence, no SDLT will be payable if the purchase price is £425,000 or less. If the purchase price is between £425,001 and £600,000, first time buyers stand to save over £8,000.

 

> SDLT will no longer apply to purchasers who only own one property where the purchase price is £250,000 or less.

 

> All purchase transactions over £250,000, whether buying a main residence or where the purchase is a second home or buy-to-let investment, will achieve an SDLT saving of £2,500.

 

> For more details or for further information, please contact our offices.

 

 

"All staff at Ryan Property Law are knowledgeable, professional, reassuring, compassionate and know when to provide extra reassurance through a stressful process. "

Nigel & Linda, Newcastle upon Tyne

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The Law Society's Conveyancing Quality Scheme (CQS) provides a quality standard mark for lawyers in residential conveyancing is also recognised by many mortgage lenders. We were one of the first firms in West Yorkshire to be awarded the accreditation.