[SALE, 05/02/2018] -- Stamp Calculator assists potential homebuyers in navigating the property market by providing a Stamp Duty Land Tax (SDLT) Calculator service on their website. The company explains the significance of SDLT and its role in the home buying process.

Stamp Calculator

The SDLT is an important factor in the home buying process. It can, however, change without prior notice, complicating the process for homebuyers. To help them finalise purchasing decisions, Stamp Calculator provides prospective homebuyers with all the necessary information about SDLT, including the calculator, rates and changes in government policy.

Stamp Calculator’s SDLT Calculator is a straightforward tool. Users simply key in the price of either their existing property or a potential purchase and the tool calculates the SDLT within seconds. The calculator also includes a full breakdown of the payment based on a price band from the seller.

The Significance of Stamp Duty

Stamp Calculator understands the importance of understanding the law when it comes to buying properties. Its SDLT Calculator helps clients stay informed throughout the home buying process, which not only equip them to make sound purchasing decisions, but also avoid additional charges from sellers.

In the UK, Stamp Duty rates are charged based on a sliding scale. For properties with a purchasing price of more than £125,000, the SDLT rates begin at 2% of the total purchase price. For properties with a purchasing price of more than £1.5 million, the SDLT rates increase to 12%. Clients who input additional properties into the computation will incur an extra 3% for a purchasing price of more than £40,000. Stamp Calculator takes note of all these changes and assures clients that they get an accurate SDLT computation for their future investments.

About Stamp Calculator

Stamp Calculator is an online service that specialises in Stamp Duty. The website is a useful source of information for potential homebuyers currently searching for properties.

For more information about Stamp Calculator and other tax-related enquiries, visit https://stampcalculator.co.uk.