Tag: Kwasi Kwarteng

Stamp Duty changes September 2022 explained

November 22, 2022General, Purchase, Re-Mortgage, Sale, Transfer of Equityconveyancing, Kwasi Kwarteng, stamp duty, stamp duty explained, stamp duty land tax, ukproperty

In September 2023, chancellor Kwasi Kwarteng announced changes to rates of Stamp Duty payable on property purchases in England and Northern Ireland. Although tax cuts announced at the same time were subsequently withdrawn, the Stamp Duty changes remain in effect. The new rates of Stamp Duty will mean less tax will be payable for some…

Kwarteng announces Stamp Duty cut effective from today

September 23, 2022General, Purchase, Re-Mortgage, Sale, Transfer of Equityconveyancing, growth plan, Kwasi Kwarteng, Liz Truss, mini budget, property law, SDLT, Stamp Duty Cut, stamp duty SDLT

LPL, like other conveyancers around the UK, are preparing for another peak in services demand as the announcement that stamp duty land tax (SDLT) would be cut as part of Kwasi Kwarteng’s mini-budget 2022. This is a permanent cut which is effective from today, so it’s no surprise that Rightmove’s traffic soared within an hour…

LPL is a trading style of Read Roper and Read Solicitors Limited which is a Company registered in England & Wales (Company No.11269980) and is regulated by the Solicitors Regulation Authority under registration number 658171. We have been awarded the Law Society´s Conveyancing Quality Scheme (CQS), an accreditation which recognises the country´s leading conveyancers. A list of Directors is available at the registered office. The term ‘Partner’, if used, denotes a Director.