New Stamp Duty Rates
On Midnight 4th of December new stamp duty rates were introduced
They are-
- 0% on any amount up to £125,000
- 2% on any amount over £125,000 up to £250,000
- 5% on any amount over £250,000 up to £925,000
- 10% on any amount over £925,000 up to £1,500,000
- 12% on any amount over £1,500,000
More information can be found here
https://www.gov.uk/stamp-duty-land-tax/overview
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West Midlands
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