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New SDLT Rates

Posted onJuly 8, 2020

Residential Rates on purchases from 8 July 2020 to 31 March 2021

If you purchase a residential property between 8 July 2020 to 31 March 2021, you only start to pay SDLT on the amount that you pay for the property above £500,000. These rates apply whether you are buying your first home or have owned property before.

You can use the table at https://www.gov.uk/guidance/stamp-duty-land-tax-temporary-reduced-rates to work out the rate you will pay if you purchase a property between now and the 31^st March 2021.

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