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How much will you have to pay on these dates?
There are still savings to be made if you complete your house purchase by the end of September this year.
Stamp Duty relief still applies to properties up to the price of £250,000 if the sale is completed by September 30.
The current phase of the return to full rates means that you will pay a reduced rate of Stamp Duty on purchased property worth £250,001 or over until September 30.
- Five percent is payable for properties worth £250,001 to £925,000
- 10 percent is owed on properties worth between £925,0001 to £1.5 million
- Anything above £1.5 million means you must pay 12 percent in Stamp Duty costs.
By October 1, you can expect to be paying full rates for Stamp Duty when purchasing a new home.
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