The government has shortened the period for paying SDLT from 30 days to 14 days
If a residential property worth up to £500,000 is purchased by one or more first-time buyers, the first £300,000 of the purchase price is exempt from SDLT. This exemption applies for property purchases completed on and after 22 November 2017.
If you have bought a house since 1 April 2016 you may have paid a stamp duty land tax (SDLT) supplement of 3% on the entire value.
My girlfriend and I are about to buy our first home together and I am concerned that we may have to pay the higher rates for stamp duty. My girlfriend will sell her flat but I’ll keep my buy to let which I will continue to let. Will we have to pay the higher rates […]
Higher rate of stamp duty land tax on the purchase of additional properties only applies to the acquisition of a major interest.