Stamp duty holiday

If you purchase a residential property between 1 July 2021 to 30 September 2021, you only start to pay Stamp Duty  on the amount that you pay for the property above £250,000.

Property or lease premium or transfer value SDLT rate
Up to £250,000 zero
The next £675,000 (the portion from £250,001 to £925,000) 5%
The next £575,000 (the portion from £925,001 to £1.5 million) 10%
The remaining amount (the portion above £1.5 million) 12%

Should you wish for more information you can visit the following government website: https://www.gov.uk/guidance/stamp-duty-land-tax-temporary-reduced-rates

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