Save on our 4-bedroom homes available at Regency Place, thanks to Stamp Duty changes

The Government have announced changes to Stamp Duty which will mean you will save money when you move into a stylish, brand-new home at Regency Place, Tockwith.

Following the Government announcement on 23rd September 2022, there is no Stamp Duty to pay on the first £250,000 when you buy one of our Acacia, Hambleton, Rawdon or Sandringham homes.

What do the changes mean?

Stamp Duty is the tax charged by the Government when you buy a home.

The Government has reformed Stamp Duty by doubling the level at which people begin paying this, from £125,000 to £250,000.

These measures will reduce Stamp Duty costs for all those moving into one of our 4-bedroom homes by £2,500.

Why do we have to pay it?

When you buy a property the change in land ownership is legally registered at the Land Registry. This process requires a certificate from the HMRC – which they will only issue on receipt of the Stamp Duty due on the purchase of the property.

How do you pay it?

The transfer of funds to pay the Stamp Duty will be managed for you by your solicitor.

For help finding the right new 4-bedroom home at our Regency Place Development then please contact our Marketing Suite on 07543 395 105