Solicitor fee: Including drawing up of contract and seeing the purchase through to completion, approximately £1000.
Stamp Duty: 6% of the valuation levied by the Land Registry Office. You will have the option to be exempt from 3% of the 6% Stamp Duty on any one purchase.
VAT: 5% is payable on new build property only.
Contract Stamp Duty: 0.5% of the purchase price of the property is payable within 21 days of the signing of the contract.
You will need to apply to the authorities for permission to purchase. This can take quite a time to obtain and currently you are looking at around 2 years, however, permission will not hold up any property purchase.
Our team will also share special offers and exclusive off-market listings that aren't available to the general public.
