What is Stamp Duty? Stamp Duty Explained

Stamp Duty isn’t new… but it’s never been more confusing. In this video, I break down exactly how Stamp Duty works in the UK, who actually pays it, and why a tax that dates back hundreds of years is still catching people out today. This is a straightforward guide to help you understand the thresholds, surcharges, and the recent changes from the Renter's rights act that mean even tenants are now getting pulled into paying it without realising. If you’re buying your first property, investing, or just trying to avoid an expensive mistake, this will give you the clarity you need. Use Lendlord's Stamp Duty calculator to make sure you're getting it right! https://lendlord.io/solutions/manage/stamp-duty-calculator How I Manage my portfolio finances for free: Lendlord: https://lendlord.io/jamie-york-deal-analyzing-with-lendlord -------------------------------------------------------------------------------------------------------------------------- Interested in getting educated by me about all thing Property Investing then go to: https://www.aspireeducation.co.uk/joinaspireeducation -------------------------------------------------------------------------------------------------------------------------- Want to become one of my investors? Do you have £100K ready to go? fill in your details here: Thanks! Go to https://www.aspirepropertygroup.co.uk/?utm_source=YoutubeOrganic and fill in your details! -------------------------------------------------------------------------------------------------------------------------- Want to learn more about Buy-to-Let's, download my free guide here: https://bit.ly/jyboringvanillabtlguide How I research properties: PropertyData: https://propertydata.co.uk/a/jamieyork -------------------------------------------------------------------------------------------------------------------------- How I Manage my portfolio finances for free: Lendlord: https://lendlord.io/jamie-york-deal-analyzing-with-lendlord -------------------------------------------------------------------------------------------------------------------------- How I get finance for my property deals: https://lendlord.io/aspire-education-finance -------------------------------------------------------------------------------------------------------------------------- Before you go make sure you've subscribed to not miss out on the latest property investment videos! 00:00 - Stamp Duty Explained Intro 01:13 - The Band System: How Does It Work? 02:15 - Surcharges: What are they? 04:10 - Stamp Duty Calculator 05:03 - Tenants Stamp Duty 08:32 - Abolishing Stamp Duty 10:11 - How To Avoid Stamp Duty