SDLT is charged on the whole amount and is rounded down to the nearest £1. 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 pro...
Stamp duty is a tax applied to certain property purchases. Find out if it will affect you and how much you may have to pay.
The FCA does not regulate mortgages on commercial or investment buy-to-let properties. Uswitch makes introductions to Mojo Mortgages to provide mortgage solutions. Uswitch and Mojo Mortgages are part of the same group of companies. Uswitch Limited is authorised and regulated by the Financial Conduc...
The maximum out-of-pocket is there to protect the consumer, making sure that what the insurance provider is asking them to pay is not too much. Usually, if the premium is high, the out-of-pocket limit is low. What Is Coinsurance? Now that we’ve covered the other major features in a...
Self-employed people earning more than £9,501 a year pay Class 4 NICs at 9 per cent. In contrast, the main rate employees pay is 12 per cent — an inconsistency that Mr Sunak said was “now much harder to justify”. “If we all want to benefit equally from state support, we mus...
One question we often get asked when talking to customers contemplating an Exchange upgrade or a switch from a competitor’s mail system is, "how many users per server can Exchange handle?" Nowadays, that’s an open question - it very much depends on what kind of users you have, what...
you can actually afford the house. In a hot market, many buyers make offers on houses that they can’t truly afford. Several weeks later, they find that the financing falls apart, leaving the seller hanging and needing to re-start the sale process. A cash buyer is thus much more ...