Abbey Road, St John's Wood, NW8
£650 per week Fees Apply
Hanover are delighted to present this spacious two bedroom, two bathroom apartment set within this sought after, 24 hour portered development benefitting from underground parking, passenger lift & swimming pool. The apartment has an abundance of natural light, storage throughout & located only a couple of minutes away from St John's Wood High Street & St John's Wood Underground Station. Offered furnished or unfurnished. Available immediately.
Interested in this property? Call us on 020 7722 2223 or
Arrange a ViewingStamp Duty Calculator
What level of Stamp Duty should you be paying? Use our Stamp Duty calculator tool to calculate the stamp duty charged on purchases of property in the UK.
Stamp duty rates (SLDT) on UK property transactions are linked to the price paid for a purchase.
Stamp duty is calculated over a number of different thresholds with clear delineation between the differing rates and is payable by the purchaser when buying a property, usually through the solicitor on completion of sale.
The rates for commercial property are different to residential and our calculator will offer guidance on residential property only.
STAMP DUTY FOR FIRST TIME BUYERS
A first time buyer is classified as someone who has never owned a residential property abroad or in the UK. Including leasehold properties. First time buyers cannot get stamp duty relief on buy-to-let properties and the purchase must be your only residence.
For first time buyers, a change to the stamp duty means that anyone buying their first home won't be liable for stamp duty if the purchase price is below £300,000.
Further relief is available for purchases up to £500,000 to help first time buyers in more expensive locations such as London.
Please note that our calculator factors in the location of the property and will calculate the first time buyer relief at £500,000.
STAMP DUTY WHEN BUYING A SECOND PROPERTY
In the 2015 autumn statement, the chancellor George Osborne announced that from April 2016 the SDLT (Stamp Duty Land Tax) would increase on any purchase of a second property.
The tax is applied to properties bought as a second home or a buy-to-let and will apply even if the property isn’t let out. However mobile homes, houseboats and caravans are classed as exempt. For most transactions the higher stamp duty will only apply to purchases of buy-to-let or second homes.
Someone who already owns a second home or buy-to-let, who plans to move house should also be exempt from the higher stamp duty rate, as the owner plans to replace their main residence.
Tenant Fees
Prospective tenants interested in renting a property through Hanover will need to be aware of the following pre-tenancy costs due prior to the commencement of a tenancy:
Administration Charge:
A sum of £195 (inc VAT) for the preparation of paperwork.
Credit Reference Charges:
£50 (inc VAT) per tenant/guarantor to cover the cost of the referencing application.
Reservation Fee:
Equivalent to two weeks rent. These funds are deductible from the first month's rental should the tenancy proceed.
Security Deposit:
Prior to the tenancy, you will be required to pay a minimum of six weeks' security deposit.
Renewal Agreement Fee:
The Applicant will be liable for an administration charge of £60 (inc VAT) for the preparation of any documents in relation to each and every renewal or extension of the tenancy.
Inventory & Cleaning Costs:
The inventory costs are normally split equally between the Tenant and the Landlord and may vary dependent on the size of the property. Post-tenancy cleaning fees are usually paid by the tenant.