understanding financial jargon
The UK Government levies a tax called Stamp duty on the sale of a property, payable when the conveyance of the property takes place. It is a tax which is imposed on the filing of certain documents relating to the transfer of ownership. The rates of stamp duty vary depending on the value of the property.
What to do if you need more help
If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.
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