If you’re wondering what the changes to stamp duty mean to you, it’s all good news. It might appear complicated but whilst before fees were based on the category of house price you fell into, now it’s based on the actual sales price itself, more like the system that’s used to calculate income tax, which will save you money. We’ve provided a handy guide here and if you want to calculate what your stamp duty would be, the HMRC’s calculator can be found here:
www.hmrc.gov.uk/tools/sdlt/land-and-property.htm
SOURCE: HM Revenue and Customs calculations. Average house prices from ONS September 2014 House Price Index, rounded to nearest £5,000
You'll Be Sold On embleys estate agents
Year End 2018 Data
It takes Embleys on average
From on the market to under offer
Embleys on average achieved
of the asking price
The average time to sell is
From on the market to under offer
Achieved 100% or more of the asking price on
of the properties sold
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