What does the stamp duty reform look like?
On 3rd December 2014, George Osborne announced that stamp duty will be cut for 98% of homebuyers.
He brought in changes to the existing system where the amount of tax payable on residential purchases jumped at pre-determined price levels to a graduated rate, similar to income tax.
View our handy Stamp Duty Reforms guide to visualise the
changes to tax payable on residential property up to £2.1 million in value.
If you are a homebuyer requiring a valuation to secure a mortgage or a seller wanting to put your property on the market and would like to discuss what the changes mean for your property portfolio, please get in touch with our experienced team of RICS registered valuers.