What is the stamp duty rate for a Buy To Let?
You will be required to pay a 3% Stamp Duty Tax on any properties that cost over £125,000. The current Stamp Duty Rate as of April 1, 2016 are as follows:
- 3% tax on the first £125,000
- 5% on the portion from £125,001 to £250,000
- 8% on the portion from £250,001 to £925,000
- 13% on the portion from £925,001 to £1.5 million
- 15% on everything over that £1.5 million
Guide to Buy To Let Mortgages
- What is a commercial Buy to Let?
- What is Buy To Let?
- What is a Buy-to-Let mortgage?
- What are Typical fees for Buy to Let loans
- What types of property fall under Buy to Let?
- What is an Special Purpose Vehicle (SPV)?
- What is the stamp duty rate for a Buy To Let?
- What are the current Buy To Let Mortgage Rates?
- Buy to Let, what can I claim against tax?
- Ideal Buy To Let Deposits / Loan to Value (LTV)
- Why use a Broker for Buy To Let?
- What is the capital gains impact of Buy To Let?
- Are my Buy To Let profits taxable?
- How to maximise your Buy To let
- What deposit do you need for a Buy to Let?
I phoned on Friday to thank you and all your staff for the hard work and effort you put in to get this deal through, you have done more than what was required of you and your staff have gone beyond the call of duty to achieve completion. I genuinely thank you and all the staff at Charleston for making it happen in a professional and friendly way and I will certainly recommend your services to any one I can