Step 6 of 8

Look after your finances

From mortgage rates and stamp duty to capital gains tax and indemnity insurance, let's go through the financial intricacies of selling a home.

Looking after your finances

Who handles the deposit for your home, how does a mortgage work and will you need to pay inheritance or capital gains tax? Let's talk financials.

  • Since October 31, 2024, you'll need to pay 5% in stamp duty if you buy an additional home, such as a holiday home or a buy-to-let property. But there could be ways to avoid it. We dig into the details.

  • You could save money and get other benefits by switching your mortgage provider. We look at how it works and the best time to do it.

  • If you’re a UK homeowner, you need to understand the various taxes you might need to pay. From stamp duty to capital gains and inheritance tax, we’ve got you covered.

  • You may be able to reduce the amount of inheritance tax payable on your estate when you die or even eliminate it altogether so your loved ones get more of your money.

  • Forking out Capital Gains Tax (CGT) when you sell a property can be costly. The good news is you may not need to pay the tax if you qualify for something called Private Residence Relief. Here’s what to look out for.

  • We look at what remortgaging is and how it works to help you save money on your mortgage, raise funds for a renovation project and more.

  • Selling a home with an issue that’s putting off your buyer? Securing indemnity insurance could be just the ticket. Here we look at what it is and how it might help you.

  • From what a mortgage is to the various types available to you, here's everything you need to know about securing a home loan.

  • A lifetime mortgage could allow you to release equity from your home while you live in it. Here’s what it is and how it works.

  • From understanding your annual allowances to deducting costs and transferring ownership, here's what you need to know about your capital gains tax liabilities and how to minimise them.