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Can the 3% Stamp Duty surcharge be legally avoided?

Friday 27 November 2015  / Ruth Montia

The 3% stamp duty surcharge has obviously caused debate throughout the industry and some estate agents and accountants are beginning to investigate whether there are legal ways of avoiding the surcharge.Maskells Estate Agents, Charles Curran of says...

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George Osborne confirms Stamp Duty increase

Thursday 26 November 2015  / Ruth Montia

George Osborne made his autumn announcement yesterday informing the country that an additional 3.0% stamp duty will be placed on second homes and buy to let properties.The details are still being released by the Treasury, but in the Autumn Statement...

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Lower end of the market is suffering due to the Stamp Duty changes

Monday 23 November 2015  / Ruth Montia

It has  been blamed before, but another has spoken out saying that the new stamp duty thresholds are the reason there is  fewer affordable homes be being built.Head of Residential Land Bruce Ritchie, says the profit produced on new-build flats...

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Loophole means buyer avoids £1m in Stamp Duty

Wednesday 23 September 2015  / Ruth Montia

The high-end north London estate agent Aston Chase, is promoting a 4,600 sq ft, five bedroom, grade II listed home in Regent's Park at £8.95m.This property is owned by an offshore company so, legally the company is for sale not the property. This...

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Stamp duty reforms encourage investors to split their purchases

Monday 10 August 2015  / Ruth Montia

Independent buying agency Black Bricks says before the stamp duty reforms announced by Chancellor George Osborne in 2014, someone with £2m to invest would have probably purchased a single property and by splitting their purchases they are diminishing...

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Changes to Stamp Duty have affected asking prices

Thursday 06 August 2015  / Ruth Montia

The analysis of homes taken by Nationwide on sales six months after the scrapping of the new system on stamp duty has revealed a dramatic change to agents’ and vendors’ asking prices.The Nationwide Building Society study has shown much less clustering...