With one of the largest Residential Conveyancing departments in Leicester, our experienced team of Solicitors are ready to assist with any and all residential property transactions.
For a free, no obligation quotation of our services, simply select one of the options below and enter your details accordingly.
First time buyers paying between £300,000 and £500,000 will pay SDLT at 5% on the amount of the purchase price in excess of £300,000, a reduction of £5,000 compared to the amount of SDLT they would have previously paid.
A first time buyer is defined as an individual or individuals who have never owned an interest in a residential property in the United Kingdom or anywhere else in the world and who intends to occupy the property as their main residence.
First time buyers purchasing property for more than £500,000 will not be entitled to any relief and will pay SDLT at the normal rates
*For a quotation involving a sale or purchase over £1,000,000.00 or a remortgage over £500,000.00 please contact us on 0116 2538 021 or email enquiries@richandcarr.co.uk
We pride ourselves on providing a service with no hidden costs. However there are few items, as below, which you need to be aware of when considering our quotation provided above:
- The Land Registry fee may be slightly higher than quoted, if the property you are buying is unregistered.
- The fees quoted are for a routine, straightforward transaction where there are no title defects. If anything arises which may result in any extra cost, we will always inform you as soon as possible.
- The fees quoted on a sale transaction, additional to the actual sale, also include the work undertaken to settle your estate agents’ invoice on completion, and redeem one mortgage account
Please contact us if our Sale/Purchase Calculator didn’t produce a result, or if the transaction concerns a property outside of England.
During the coronavirus pandemic, the Chancellor announced radical changes to Stamp Duty Land Tax (SDLT). He introduced temporarily reduced rates for certain residential transactions.
For an accurate figure please visit Stamp Duty Land Tax Calculator if you are buying a property in the UK or Calculate Land Transaction Tax | GOV.WALES if you are buying a property in Wales.
