Stamp Duty Explained | John Charcol

Stamp Duty Explained | John Charcol's Guide to Stamp Duty

This video was recorded on the 4th February 2019. For all the up to date information on Stamp Duty, please see our guide https://www.charcol.co.uk/guides/stamp-duty-tax-guide/

Kathryn Toomer, one of our expert mortgage advisers, explains exactly what Stamp Duty is and how it affects you. For a more in-depth discussion about what additional fees you should expect when purchasing a property visit our website to book your free consultation: https://www.charcol.co.uk/

Epidemic Sound own the rights to the music used in this video: http://ow.ly/k4hv50yu8o3

Video breakdown:
00:35- What is Stamp Duty Tax?
00:57- How is Stamp Duty payment calculated?
01:12- Common misconceptions with Stamp Duty
01:41- When and how do you pay?
01:58- Who handles this for you?
02:06- Why do you pay Stamp duty?
02:24- How does the UK Government spend Stamp Duty Tax?
02:37- Who pays Stamp Duty?
03:25- You pay additional Stamp Duty if?
03:34- Exemptions and relief
03:43- You do not need to pay Stamp Duty if...
05:03- Stamp Duty rates
05:13- Stamp Duty rates for first-time buyers
06:12- How much Stamp Duty do you pay?
07:14- Stamp Duty relief for first-time buyers
07:37- Stamp Duty relief for first-time buyers example
08:07- Stamp Duty on non-residential and mixed-use land
08:48- What is a mixed-use property for Stamp Duty?
09:44- Can you add Stamp Duty to your mortgage?
09:56- Consequences of adding Stamp Duty onto your loan
10:22- Do you pay Stamp Duty on shared ownership properties?
10:48- How do you reclaim Stamp Duty?

About John Charcol:
Established in 1974 we are the original independent mortgage broker. With over 40 years' experience in the industry we understand the challenges our clients face and have the experience and expertise to help guide them through the complex process of buying a house, remortgaging or investing in the property market.

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Видео Stamp Duty Explained | John Charcol канала JOHN CHARCOL - INDEPENDENT MORTGAGE BROKER