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Hot Properties week 4 of September


TIME TO STAMP OUT STAMP DUTY??

More than a quarter of homebuyers in England and Wales are now paying stamp duty at the higher rates of 3% or more and facing bills of in excess of £7,500, according to a new study from the TaxPayers' Alliance (TPA), which is calling for a cut.

As you may already know, sales of residential properties are free of Stamp Duty up to the value of £125, 000 and attract a 1% tax between £125, 000 - £250, 000. But as home prices increase more buyers are paying the higher rates of 3% applied to homes worth between £250,000 - £5000,000.

723,829 homes were bought in 2012/13 with 182,692 properties being liable for stamp duty at the rate of 3% or more..........................

Kind regards


Edward Ellis MNAEA
JP & BRIMELOW
Chorlton


1 bedroom flat for sale - £50,000 (Offers in the region of)

4 bedroom semi-detached for sale - £585,000 (Offers in the region of)

5 bedroom semi-detached for sale - £499,950 (Offers in the region of)

4 bedroom semi-detached for sale - £335,000 (Offers in the region of)

6 bedroom semi-detached for sale - £249,950 (Offers in the region of)

2 bedroom penthouse for sale - £250,000 (Offers in the region of)

2 bedroom semi-detached for sale - £200,000 (Offers in the region of)

2 bedroom flat for sale - £134,950 (Offers in the region of)

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