This online mortgage calculator lets you know exactly much you will pay in stamp duty for the property that you are buying. It’s important that you factor stamp duty into your overall costs, when budgeting for a house purchase.
Stamp duty is a land tax which is payable when you purchase a property or land in the UK. The amount that you pay depends upon the purchase price of the property. If you are paying £125,000 or less, then you do not have to pay stamp duty. If you are paying more than £125,000, then you pay stamp duty of between 1 to 4% of the purchase price. The tax is tiered at set amounts, which rise as the purchase price rises.
Our Status - London & Country Mortgages Ltd, Beazer House, Lower Bristol Road, Bath, BA2 3BA is a company limited by shares.
Our Companies House number is 1988608. We are also authorised and regulated by the Financial Services Authority. Our FSA number is 143002.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.