A Better Way To Live
Find your new home
Find your new home
Where would you like to live?

Find your new home

How many bedrooms would you like?

  • One Bedroom
  • Two Beds
  • Three Beds
  • Four Beds
  • 5+ Beds

What property style are you looking for?

  • Detached
  • Semi-Detached
  • Terraced
  • Apartments
  • Bungalow
  • Town House

Distance

40 miles
0 miles
100 miles

Stamp Duty paid to get you moving

Redrow can help your move happen with a contribution to stamp duty!

Autumn Budget – Savings for first-time buyers

As of 22nd November 2017, first time buyers will not pay Stamp Duty on the first £300,000 of their home. Therefore if you buy your first home for less than this, you will not pay any Stamp Duty. If you buy your home for between £300,001 and £500,000 you’ll only pay 5% on that portion of the purchase price.

What is Stamp Duty?

Stamp Duty Land Tax is a tax due on all property purchases, new or pre-owned, over £125,000. It is often referred to as Stamp or Stamp Duty. It ranges from 0% on the first £125,000 of the property price, to 12% of the value over £1.5m.

For the average homebuyer, Stamp Duty adds thousands of pounds to the cost of moving and can cause significant delays while you save up to pay the tax. But right now, on selected plots, when you buy with Redrow, your Stamp Duty is paid for you.

How much will you save?

You could save thousands of pounds when Redrow pays your Stamp Duty for you. For example, on a typical £250,000 family home, you’ll save £2,500 in Stamp Duty. On a larger executive home, costing £400,000, you’ll save a massive £9,000.

The chart below shows what you would pay in Stamp Duty if Redrow wasn’t paying it for you:

Stamp Duty Rates

I'm a first time buyer
HOUSE PRICE (MINIMUM)
HOUSE PRICE (MAXIMUM)
STAMP DUTY RATE
£0
£125,000
0%
£125,001
£250,000
2%
£250,001
£925,000
5%
£925,001
£1.5 million
10%
Over £1.5 million
-
12%
Remember, if you're a first time buyer and the property you are purchasing is over £500,000 then standard stamp duty rates will apply to your purchase.
HOUSE PRICE (MINIMUM)
HOUSE PRICE (MAXIMUM)
STAMP DUTY RATE
£0
£300,000
0%
£300,001
£500,000
5%

Work out the cost of Stamp Duty

I'm a first time buyer
Required Stamp Duty £0

Terms and Conditions

Stamp duty paid is available on selected developments and plots only, subject to acceptance from your chosen mortgage lender. Stamp duty contributions may vary depending on the property that is being purchased. Please ask the Sales Consultant at your chosen development for full details. This offer is not open to investors.