9th July 2020
Stamp Duty Changes July 2020
The tax threshold has been temporarily raised to £500,000 until next March and is effective immediately. Anyone completing on a main residence costing up to £500,000 between 8 July and 31 March will not pay any stamp duty, and more expensive properties will only be taxed on their value above that amount saving some buyers up to £15,000. Landlords and second home buyers are also eligible for the tax cut but will still have to pay the extra 3% of stamp duty they were charged under the previous rules.
For more information please contact us on 01892 510222, or at info@bussmurton.co.uk.
Helen Batt
Partner
Chartered Legal Executive
Residential Property
Office : Hello world!
01892 502 376hbatt@bussmurton.co.uk
Profile
Helen joined Buss Murton in 2008, and became a partner in 2016. She is a member of the Institute of Legal Executives and qualified with a distinction in Conveyancing Law and Practice, as well as in 3 other heads of her CILEx exams in 2012.
The majority of work Helen undertakes on a day-to-day basis is dealing with: freehold and leasehold residential sales and purchases, unregistered land, shared ownership purchases, sales of part of land, equity releases, mortgages and remortgages, joint ownership agreements, assured shorthold tenancy agreements, deeds of variation and lease extensions.
Helen has established proactive relationships with local estate agents to ensure that clients receive a seamless service in dealing with their most valuable asset.
Expertise
Sale and Purchase of Freehold and Leasehold properties
Unregistered land
Shared ownership schemes
Assured shorthold tenancy agreements
Deeds of variation
Mortgages and remortgages
Lease extensions
All non-contentious residential property work