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Home Buying with Dandara Ways to Move Stamp Duty

Moving to a thoughtfully-considered Dandara home just got more affordable.

The Government introduced changes to the Stamp Duty Tax on residential homes. Ones that could hugely benefit you. Especially if you’re a first time buyer.  

 

Here’s what the Government did:

  1. Doubled the level at which people start paying Stamp Duty from £125,000 to £250,000.

  2. Increased the level first time buyers start paying Stamp Duty from £300,000 to £425,000.

  3. Allowed first time buyers to access the relief when they buy a property costing less than £625,000 rather than the previous £500,000.

 

Here’s how much you could save:

  1. All home movers could now reduce their Stamp Duty bill by up to £2,500.

  2. First time buyers could now reduce their Stamp Duty bill by up to £8,750.
Let’s make it happen. Now’s the time to move to a Dandara home in a great location. Find a development
Recent changes to Stamp Duty mean that first time buyers will now pay 0% Stamp Duty on the first £425,000 of their new home. Second steppers will also benefit, as the threshold for when you start to pay Stamp Duty has increased from £125,000 to £250,000.
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2688379 Dandara WebsiteGraphics First time buyer v2
2688379 Dandara WebsiteGraphics Next home buyer v2
If you’re purchasing your home as an investment or as an additional property, the changes to Stamp Duty also affect you as the threshold from which you pay 3% has increased from £125,000 to £250,000, under the new rules.

Calculate the Stamp Duty you will pay on a property

Please, click here if you cannot see the calculator

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