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Do I Have to Pay Stamp Duty?
March 11th, 2009 by admin
When you make a purchase on a home or property, you will be subject to many fees, taxes and insurance. The stamp duty for UK is unavoidable if you purchase a property over the tax threshold. One way to get around this government imposed tax is to make a purchase within an area designated as disadvantaged. You will want to investigate the pros and cons of living in such a designated zone. Consulting a real estate professional may benefit you during this process. If you do find your dream home and you learn that you must pay the duty, often times it can be wrapped into your home loan.
