Property Listings | Marks And Mann Estate Agents

{{bed}} Bed Property in {{Property.Address.Street}} - {{Property.Address.Town}} || Marks and Mann

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Ipswich Office: 01473 396 296

Stowmarket Office: 01449 867 590

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Stamp Duty & Mortgage

For more details on all residential property stamp duty rates, visit gov.uk.

STAMP DUTY RATES UNDER THE NEW SYSTEM
Band	Stamp duty land tax rate	Additional rate for landlords / second homes
First-time buyers pay 0% to £425,000 then normal rates apply
£0 - £250k	0%	3%
£250,001 - £925k	5%	8%
£925,001 - £1.5m	10%	13%
£1.5m +	12%	15%
* No stamp duty is paid on property transactions costing less than £40,000 as these are considered low value and not reported to HMRC

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