Stamp Duty Calculator UK, is a must-have tool for estate agents, financial advisors, mortgage brokers, and UK & Scottish home buyers. It simplifies the process of calculating how much stamp duty you need to pay on a new property. The app features a simple and intuitive calculator that uses the new tax duty system, known as Stamp Duty Land Tax (SDLT), effective from December 4th, 2014. It also supports the calculation of higher rates of SDLT on purchases of additional residential properties, as published on December 28th, 2015. Additionally, the app includes the option to calculate the Stamp Duty for Scotland, known as Land and Buildings Transaction Tax (LBTT), which applies from April 1st, 2015.
Features of Stamp Duty Calculator UK:
❤ Simple and Easy-to-Use: Our app provides a simple and intuitive calculator that makes it easy for users to calculate the stamp duty they have to pay on a new property. With just a few taps, users can quickly find out the amount they need to budget for.
❤ Wide Coverage: Our app supports not only Stamp Duty Land Tax (SDLT) for the UK but also Land and Buildings Transaction Tax (LBTT) for Scotland and Wales. This comprehensive coverage ensures that users from different regions can accurately calculate their stamp duty costs.
❤ Supports Different Property Types: Whether users are purchasing a residential or non-residential property, our app has them covered. It supports additional residential properties as well as non-residential properties in both the UK and Scotland. Users can easily switch between property types and get the correct stamp duty calculation.
❤ Calculates Loan to Value (LTV): In addition to stamp duty calculations, our app also calculates Loan to Value (LTV) for mortgages and loans. This extra feature provides users with valuable information when planning their property purchase.
Tips for Users:
❤ Enter Property Details: To get an accurate stamp duty calculation, make sure to enter all the necessary property details such as purchase price, property type, and location. Our app takes these factors into account when calculating the stamp duty.
❤ Compare Different Scenarios: If you're unsure about the property price or considering different options, use our app to compare different scenarios. Adjust the purchase price and instantly see the impact on the stamp duty amount. This can help you make informed decisions.
❤ Save and Share Calculations: Once you've calculated the stamp duty for a property, you can save the results and easily share them with others. This feature is particularly useful for estate agents, financial advisors, and mortgage brokers who need to provide calculations to their clients.
Conclusion:
Its simplicity and ease of use make it accessible to users of all levels of expertise. With support for different property types and accurate calculations for various tax systems, Stamp Duty Calculator UK ensures that users can make informed decisions when purchasing a property. Whether you're a home buyer, estate agent, financial advisor, or mortgage broker, our app will save you time and provide accurate stamp duty calculations. Download it today and simplify your property transactions.
