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印花税的变更会抵消最近抵押贷款利率的上升吗？

December 5, 20225分钟阅读

Following consistent increases in the Bank of England Base Rate, mortgage rates have risen considerably. According toMoneyfactsthe average two-year fixed rate was 6.35% in mid-November,200bp更高than it was at the start of September. This has resulted in a significant increase in mortgage costs for both first-time buyers (FTBs) and those coming to an end of a fixed-term mortgage. For the average FTB property price in England of £261,000, this would take the monthly mortgage repayment from £1,270 to £1,562, an increase of £293*.

更肯定的是，同时宣布的印花税土地税（SDLT）的变化，并在2022 Autumn声明中重申，将通过降低购买房屋的交易成本来节省一些财务节省。SDLT的三个更改将在2025年3月之前进行：

买家需要开始支付SDLT的门槛已从125,000英镑增加到250,000英镑
For FTBs, the threshold has been increased from £300,000 to £425,000
FTB可以要求SDLT救济的物业的总价值从500,000英镑增加到62.5万英镑。超过此价值的任何东西仍会受到标准印花税费用的约束

与新SDLT阈值,一个家庭购买£250,000 would see SDLT cut from £2,500 to zero. This saving would offset 7.1 months of the increase in mortgage repayments (at current interest rates) on the home, which have increased from £1,530 to £1,883. FTBs could potentially see much larger savings. A FTB purchasing a £625,000 home would see their SDLT cut from £21,250 to £10,000, a saving of £11,250. This would offset the higher mortgage payments, which would increase by £701 on a home of this value, for over 30 months.

但是，尽管较高的抵押贷款利率会影响所有买家，但由于价格差异，印花税储蓄的节省将有所不同。鉴于南部的房价较高，大多数房屋搬运工将在SDLT上节省最高2500英镑。相比之下，该国北部的平均值较低，转化为较低的节省。例如，东北的买家平均每SDLT节省了531英镑（占东北地区平均物业价值的0.4％）。相比之下，SDLT节省将占东部和西米德兰兹郡财产价值的0.9％。

The changes to the FTB SDLT rates are almost irrelevant outside of London and the South East. The original threshold of £300,000 already gives FTBs complete exemption from SDLT in 72% of local authorities across England.

如果FTB购买价值在500,000英镑至625,000英镑之间的物业，则FTB可以根据新税率赚取的最大节省费用为11,250英镑。只有少数伦敦自治市镇，平均FTB财产价值高于此。在伦敦和东南部以外，由于绝大多数FTB购买了300,000英镑以下的房屋，因此实际上无需节省SDLT。