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Stamp Duty Exempt

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#1 Nick


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Posted 30 August 2005 - 10:49 AM

Was looking through some property ads (as I get paid to do once in a while!) and I noticed that a 1 bed flat at £144,500 on Anerlery Road is being advertised as Stamp Duty Exempt. As the cut off is normally £120,000 either this ad is very wrong, or Anerley Road has now been classed as a deprived area. Does anyone know anymore?

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#2 weeble



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Posted 30 August 2005 - 10:55 AM

Probably correct - a lot of the areas round here fall into 'disadvantaged areas' catagory which means anything up to £150k is stamp-duty exempt. It all seems a bit arbitary to me as some very nice roads are officially 'disadvantaged'.

You can check out specific postcodes here

#3 Amanda1



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Posted 30 August 2005 - 11:01 AM

When I was looking for a flat I looked at a few in Anerley. I was told that it had been classified as a deprived area and therefore exempt from stamp duty, this was about a year ago.

#4 jamesl



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Posted 30 August 2005 - 11:36 AM

The areas are generally defined by Council Wards - a full list can be found at:

see http://www.hmrc.gov.uk/so/england.pdf

#5 James



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Posted 30 August 2005 - 01:09 PM

See http://www.virtualno...?showtopic=1354

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