Tag: Stamp Duty
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How The 2024 Budget Impacts Property Investors and Landlords
2024 Budget: Key Tax Changes for Property Investors and Landlords Explained The full details of Labour’s much-anticipated October Budget were finally released today, putting an end to weeks of speculation over potential tax shifts. What new impacts will property investors and landlords face following Reeves’ announcements? Here’s a summary of Reeves’ key announcements impacting property… Read more
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Can Stamp Duty Be Added to a Mortgage?
Introduction When purchasing property, you can encounter various costs. Among these costs, Stamp Duty is a significant expense, often prompting the question: Can stamp duty be added to a mortgage? Understanding Stamp Duty Stamp duty, or Stamp Duty Land Tax (SDLT), is levied upon purchasing a property or land. The rate is based upon the… Read more
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Understanding Stamp Duty for Joint Borrower Sole Proprietor Mortgages
Joint Borrower Sole Proprietor Mortgage and Stamp Duty: What You Need to Know In today’s housing market, securing a mortgage can be a complex journey, particularly for those that may require a Joint Borrower Sole Proprietor (JBSP) mortgage. This option allows individuals to buy a home while only one person holds the property title, often… Read more
