Tag: stamp duty
Stamp Duty for Non-UK Residents
If you are buying a residential property in England or Northern Ireland, and are not a UK resident, you will usually be liable for an additional 2% non-UK resident Stamp Duty Land Tax (SDLT) surcharge that will apply on top of the normal residential SDLT rates. Which properties are subject to the additional 2% Stamp...
Tips for being successful with buy-to-let
If you are considering purchasing a property to rent to tenants, you need to take steps to ensure your investment gives you the return you need. We take a look at some tips to help you succeed. Buy-to-let is less popular than it has been in the past due to higher mortgage rates and a...
Can I buy my parents’ home below market value?
It is open to children aged 18 or over to buy their parents’ home for less than it is worth, however this can have serious financial implications. Selling a home to children is often desirable, helping the next generation onto the property ladder, passing on the home without incurring estate agency fees and keeping a...