A number of questions that we get asked are quite common. Therefore, we have put together our best answers for those questions. If you have a question that we haven’t answered, please don’t hesitate to ask us on 01924 729292 or firstname.lastname@example.org.
Marketing your home in a unique way takes time – typically around 21 days. Like a good wine it takes time to get it right, but the end result is better if you spend the time on it now.
Utilising the best experts we have found, to create beautiful bespoke brochures for your home, means you stand out from the crowd. It takes a little time but then puts you ahead of the rest. Likewise getting photographs right from the beginning can attract the right buyers from the start, saving time in the long run.
Not really. It is best to ensure you pick the right dedicated team to support you in this new chapter. If they provide the right personal service, you should only need one. Having two agents can be confusing fr buyers and may give the impression you are desperate to sell and therefore attract low offers.
Now is a great time to buy a house, as until 31 March 2021, you will pay no Stamp Duty Land Tax when purchasing your main property, which can have a value up to £500,000. Second homes will still incur Stamp Duty on properties over £40,000.
|Property or lease premium or transfer value||SDLT rate|
|Up to £500,000||Zero|
|The next £425,000 (the portion from £500,001 to £925,000)||5%|
|The next £575,000 (the portion from £925,001 to £1.5 million)||10%|
|The remaining amount (the portion above £1.5 million)||12%|
On the 1 April 2021 the reduced rates shown in the above tables will revert to the rates of SDLT that were in place prior to 8 July 2020.
If you’re buying an additional property for £40,000 or more, such as a second home or certain buy-to-let properties, you’ll still have to pay an extra 3% in Stamp Duty on top of the revised rates. However, it doesn’t apply to caravans, mobile homes or houseboats.
|Minimum property purchase price||Maximum property purchase price||Stamp Duty rate (only applies to the part of the property price falling within each band)|
|Over £1.5 million||15%|
You have to complete a Stamp Duty Land Tax Return within 14 days of completion, but your property and legal team will advise you on what to do.
This will depend on who you choose as your legal partner. Prices vary and so does service. We would be happy to make recommendations to you of firms we have found we work well with and who hold similar values, to ensure that once we find you a buyer, the sale completes in a timescale that suits you.