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27 Apr

Properties under the stamp duty threshold

Posted 27/04/2016 by: Reeds Rains

Whether you're looking for yourself or you're an investor, take a look at our properties under £125k. 

Not what you are looking for? Start your own search here.

Less than £40k

You may have heard that from 1 April 2016, additional properties will attract a higher rate of stamp duty, which is 3% higher than the stamp duty you would pay on your primary residence. Transactions under £40,000 are exempt, although if the property is worth more than this, you do pay the higher rate on the whole value: £40,000 is an exemption threshold, not a duty-free allowance.  

Take a look at our properties for less than £40,000.

RR 14041

  • Hull, £27,500 (auction)
  • 2 bedroom flat

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RR AprilSteal2

  • Ferryhill, offers in excess of £30,000
  • 2 bedroom house

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Less than £125k

If you are looking for a residential property that you will live in and you own no other homes then you will pay no stamp duty on properties under £125k.

Take a look at our properties for less than £125,000.

RRAprilSteal4

  • Crook, offers in excess of £55,000
  • 2 bedroom house

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RraPRILsTEAL5

  • Saltburn-By-The-Sea, £72,000
  • 2 bedroom house

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Rrsaprilsteal6

  • Hull, offers in the region of £120,000
  • 3 bedroom house

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