So what impact do the
recent Stamp Duty changes make?
Well in short, the answer in some
cases is quite substantial. But of
course, it all depends on how much you are paying for the house you are
buying. As an example:
A buyer who pays £265,000 would
have paid £7,950 under the old scheme and now will pay just £3,250 under the
new scheme. Saving them £4,700, not a bad start to the New Year!
A buyer who pays £350,000 for a
house would have paid £10,500 under the old scheme and will now pay just £7,500,
, thatís a saving of £3,000, again not a bad start to the new year.
A buyer who pays £520,000 for a
house would have paid £20,800 under the old scheme and will now pay just
£16,000, thatís a saving of £4,800.
A buyer who pays, £680,000 for a
house would have paid £27,200 on the old scheme and now pays £24,000, a saving
And one more final example, a buyer
who pays £800,000 for a house would have paid £32,000 on the old scheme and now
pays £30,000, saving £2000.
As you can see this new scheme
delivers a much fairer stamp duty pay scale than ever before and will
undoubtedly encourage more buyers and sellers into the marketplace. If you want
any further clarification on stamp duty levels, please donít hesitate to ask
New property portal - On
Have you seen the new property
portal On the Market? We are excited to
be a part of this exciting new initiative.
Neither Rightmove nor Zoopla can
now claim their property listings cover the entire market because many estate
and letting agents have left one or other of them to join OnTheMarket.com as
the best platform to showcase their properties in the clearest and simplest
The property search at
OnTheMarket.com is slick, simple, fast and state-of-the-art, compatible with
the latest technologies. The website adapts seamlessly to fit the screen of any
device being used to view it. There is no clutter from irritating and
distracting third party adverts, nor any spam email.
Every property at OnTheMarket.com
is marketed by a locally-based estate agent because OnTheMarket.com knows the
majority of the public recognises the benefits of having a local professional
in place who can manage the sales process on their behalf. Also, there is no substitute for their
detailed knowledge of a property, the local area, the current market conditions
and the vendorís personal circumstances.
We hope you enjoy the new site Ė do
take a look at www.onthemarket.com