INSTANT VALUATION

Maynards Road, Hemel Hempstead

DOUBLE ROOM - In this all FEMALE ONLY household situated in the Town Centre.
All rooms are fully furnished to a high specification. The kitchen is fully applianced and each room has wireless broadband and freeview.
To help keep the property clean a cleaner comes every other week.
All bills included. Available 30/6/2020

1 Bedroom
0 Bathroom

Guide Price

£440 per week

Features

  • Double Room
  • All Bills Included
  • Town Centre Location
  • Female Household Only
  • Available Now
  • Single Occupancy Only

DOUBLE ROOM – In this all FEMALE ONLY household situated in the Town Centre.
All rooms are fully furnished to a high specification. The kitchen is fully applianced and each room has wireless broadband and freeview.
To help keep the property clean a cleaner comes every other week.
All bills included. Available 30/6/2020

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What is Stamp Duty

And how is it calculated?

‘Stamp Duty Land Tax’ (SDLT) is a tax due when buying property and land in England, Northern Ireland and Wales if the property is over £125,000 (separate Land and Buildings Transaction Tax in Scotland). This tax is also applicable to overseas buyers.

Since 4th December 2014, you only pay the rate of tax on the part of the property price within each tax band.

From April 2016, an additional 3% stamp duty must be paid on second homes and buy-to-let properties.

Price brackets for taxation are outlined here.

Brackets Standard
Rate
Buy-to-let
2nd Home Rate
Up to £125,000 0% 3%
£125,001 - £250,000 2% 5%
£250,001 - £925,000 5% 8%
£925,001 - £1.5m 10% 13%
over £1.5m 12% 15%

How do I pay Stamp Duty?

Typically, your Solicitor will assist you with Stamp Duty payments.

How to calculate the new Stamp Duty rate?

Our calculator calculates the exact amount of stamp duty you will need to pay on your property and even shows you how it’s being calculated.

When is Stamp Duty paid?

Stamp duty must be paid to the HMRC within 30 days of the date of completion or you may risk a fine. Your solicitor or legal adviser should take care of this for you and ensure you don’t miss the deadline.

Will Stamp Duty change?

Stamp duty laws have been known to change every few years. Always check with your agent before you buy and ensure you know the latest legislation.

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