We are pleased to be able to open our offices to clients and visitors once more as of 1 July 2020. All visits will be by appointment only.

 

To enable us to welcome you to the office in line with current Government advice, we have put strict guidelines in place to ensure the health and safety of our clients/visitors and our staff.

 

Please ensure you read our guidelines below BEFORE visiting our offices and follow them during your visit: Click here for full guidelines

Close

03 Dec 2014

Commercial Property

Wyn Williams commenting on Stamp Duty Changes

Wyn Williams commenting on Stamp Duty Changes - A positive change that will no doubt assist a number of our clients

A positive change that will no doubt assist a number of our clients. As an example a purchaser who is purchasing at £130000.00 would have to pay £1300 stamp duty under the old regime. With the new rules they would now only have to pay £100. This should have a positive impact on property transaction in South Wales and can only help assist potential property purchasers particularly first time buyers. The changes should also have a positive impact on properties that fell around the traditional 3% bracket of £250000 with buyers and sellers not having to contend with the unfair jump between 1 and 3%. As buyers are now being asked to pay a proportional element this would seem a much fairer system for buyers.

For more information on how this could affect you please contact Wyn Williams today ww@hevans.com

Newyddion arbenning i brynwyr tai a fydd yn cynorthwyo nifer o cleientiaid. Dan yr hen drefn fydde prynwr a oedd yn prynu ty gwerth £130,000 talu treth stamp o £1,300. O dan y rheolau newydd dim ond £100 fydd rhaid talu. Bydd hyn yn cael effaith gadarnhaol ar y farchnad tai yn Ne Cymru yn enwedig cleientiaid sydd yn prynu am y tro cyntaf ac i dai a oedd yn dod i mewn i’r braced traddodiadol o 3% o £250,000. Y mae hyn yn golygu nid oes rhaid i brynwyr a gwerthwyr i dderbyn y naid annheg rhwng 1 – 3% treth stamp. Fe fydd y system newydd llawer tecach gyda chleientiaid yn talu elfen gyfrannol o’i tai yn unig.

 

Share post