What is a stamp duty ? Let’s say I have a stamp duty of £5k. What does it mean? I have to pay £5k every month for the house I bought?
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A “stamp duty” means that you owe a one-time fee/tax of 5k GBP before the transfer document showing that you bought the house can become legally effective. Whoever you worked through to buy your house ought to have explained that to you during the process; not sure offhand why they wouldn’t have.
It’s somewhat similar to your DVLA’s first registration fee, as well as various similar fees here in the US.
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