Timeline for Do I care if the housing market has gone up or down, if I'm moving from one house to another?
Current License: CC BY-SA 4.0
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| Jul 22, 2019 at 11:55 | comment | added | Mike Scott | Stamp duty on a £400,000 flat for someone who’s not a first-time buyer but doesn’t own any other properties (not counting the one they’re selling) is £10,000, not £20,000. The 5% rate only applies to the part of the price that’s in excess of £250,000, and then 2% on the amount between £125,000 and £250,000 and nothing on the amount up to £125,000. | |
| Jul 22, 2019 at 0:29 | history | answered | gbjbaanb | CC BY-SA 4.0 |