Published: 22/07/2021 By The Webdadi Customer Success TeamBack in July 2020, the British Government introduced the much-publicised Stamp Duty Holiday to help support the housing market during the Coronavirus pandemic. This holiday removed stamp duty land tax on properties up to £500,000 excluding second homes and buy-to-let.
Fast forward over a year, and with the UK economy slowly bouncing back into life following its Covid hibernation, the stamp duty holiday is now in the process of being wound down and the stamp duty rates changing, we have now updated our very own Stamp Duty Calculator to reflect the latest rate changes.
In addition, we’ve also updated the LBTT (Scottish stamp duty equivalent) calculator for customers using this tool, as this a different calculation at present to the English counterpart.
Will Atom Customers Need To Take Any Action?
No – the new revised Stamp Duty Calculator rolled out to all Atom users on the 21st July as part of the service our Atom customers receive from us. And, like all our regular site functionality updates, this is a completely free service.
Why is This Type of Website Functionality Important?
The revised Stamp Duty Calculator feature will allow website users to quickly and easily get an accurate stamp duty cost based on the most recent Government guidelines. After all, more accurate data and cost predictions means no nasty surprises later down the line for potential vendors or buyers. A property agent’s website has to make the business of capturing new business enquiries as easy and effortless as possible: this is why the Customer Success Team here at Webdadi are always looking for new and exciting features and updates that can be added to customers’ websites to enhance their effectiveness - meaning that their websites grow and evolve with their businesses and never need costly re-development.
This type of functionality upgrade is something we provide all our customers, and is all part of the service we provide.
Have any questions about the new Stamp Duty Calculator? The Customer Success Team is ready and waiting to answer any questions you may have – just hit the link below to book a conversation with one of our team today.