Stamp Duty Check

Stamp Duty Check enables Finance and Property Professionals to provide an Indication of Stamp Duty Land Tax (SDLT in England), Land Transactions Tax (LTT in Wales) or Land and Buildings Transaction Tax (LBTT in Scotland) or more detailed, accurate guaranteed SDLT figures for complex cases.

This product has been designed to take the headache out of complicated land tax and is suitable for cases that are more complex, for example:

When there is a second property.
Buy to Let properties.
Inherited Properties.

Information

Please note, these are just examples and the list is not exhaustive.
Please note this is not a product suitable for straight forward SDLT cases.
Available for properties in England, Scotland and Wales.
Can also be used for Commercial as well as Residential transactions.

Stamp Duty Check

Stamp Duty Check: Options

With our Stamp Duty Check product, there are two options to give you different levels of SDLT, LTT and LBTT guidance:

Option 1 - £10 + VAT for an Indication of SDLT/LTT/LBTT. This provides an indicative figure – either one figure or a higher and lower range. If a range is provided, the higher figure would be the same as the Government website calculation. The lower figure is the potential saving that there could be. Generally, if a range figure is provided, 90% of those cases will make a saving on the higher figure.
Option 2 - If the client wishes to pursue Chartered Tax Account advice for a guaranteed and verified figure there is a £250 + VAT fee per £250,000 property value. The advice and figure given by the Chartered Tax Accountant is guaranteed.

For further information, please read the ‘Stamp Duty Check Process’ section.

Please note, a referral fee may be available for more complex advice through option 2. This will be discussed on a case by case basis.

Stamp Duty Check: The Process

To start the Stamp Duty Check process, please click ‘Continue To Quote’ above to enter your client’s details into the referral form. Please note that if the case is linked to a purchase case you have already instructed to SortRefer, you will be able to link the case, which will auto-populate some of the information to save you double keying. Once the form is filled in, click ‘refer’ to send over to the Stamp Duty Check team.
You and the client will receive an email with a link to the Stamp Duty Check questionnaire. The link should auto-login to the Stamp Duty Check questionnaire once clicked.
You or your client should fill in the questionnaire in order to get their Indicative figure for £10 + VAT.
If your client requires more specific advice or a guaranteed figure, they should click ‘complex case/further information’ where they will be referred to a Chartered Tax Accountant.
Once your client clicks to refer for a guaranteed figure, two things happen – A questionnaire is sent via email to the client for them to fill in with more detailed questions. A notification is sent to the Chartered Tax Accountant team who will call the client within 24 hours. The payment of £250 + VAT fee per £250,000 property value must be completed before any advice is given.
Once the questionnaire is completed by the client and the fee is paid, the Chartered Accountant will work with the client to provide their accurate figure, which will be a verified and guaranteed figure the Conveyancer can use. This takes the pressure away from you as the Mortgage Intermediary and the Conveyancer for complex cases.

Please click ‘Continue To Quote’ to get started.

Fast Facts/Benefits

Our Stamp Duty Check product is designed take the hassle out of complex SDLT/LTT/LBTT by getting the experts involved.
Helps take the onus away from you and guides the client into either an Indicative figure for £10 + VAT or an accurate, verified figure for £250 + VAT fee per £250,000 property value.
Suitable for cases that are more complex – e.g. Second properties/Buy to Let, Inherited properties and many more.
Provide greater client satisfaction and enhanced reputation by referring your clients for more case specific SDLT/LTT/LBTT advice.

Continue To Quote