Skip to Content

Our next auction is Thursday, 14th May 2020

Commencing at 12pm | The Montcalm Hotel, 34-40 Great Cumberland Place, Marble Arch, London W1H 7TN | List still open

Big Stamp Duty Savings

From 17th March 2016, Stamp Duty Rates on commercial and mixed use property purchases will be overhauled as follows:

Purchase Price Stamp Duty Rate
Up to £150,000 Zero
The Next £100,000 (the portion from £150,001 to £250,000) 2%
The remaining amount (the portion above £250,000) 5%

This means on purchases below £1,050,000 there will be Stamp Duty savings, especially on purchases between £250,000 and £500,000. For example:

Purchase Price Old Stamp Duty New Stamp Duty Saving
£275,000 £8,250 £3,250 £5,000
£400,000 £12,000 £9,500 £2,500

These savings may increase demand for commercial or mixed use property, particularly at the £250,000 to £500,000 range. If you are now thinking of selling your commercial or mixed use property please Click here for a Free Auction Appraisal.