The UK Government have moved the Stamp Duty Land Tax (SDLT) goalposts once again, but as always, the residential conveyancing team at Fraser Dawbarns is on hand to guide you through the new rules.
In short, if you are purchasing your home from 23 September 2022, the following will apply –
There are still additional rates payable for purchasing a second property, as was the case prior to the mini budget announcement today (Friday 23 September 2022). Our team of knowledgeable conveyancers will be able to personally guide and advise you based on your individual situation.
In relation to leasehold properties and purchases by non UK nationals, please speak to one of our residential conveyancing team to confirm the potential SDLT liability and we will be more than happy to take you through the minefield which is SDLT. For more information, contact any of our offices for expert advice today.
This article aims to supply general information, but it is not intended to constitute advice. Every effort is made to ensure that the law referred to is correct at the date of publication and to avoid any statement which may mislead. However, no duty of care is assumed to any person and no liability is accepted for any omission or inaccuracy. Always seek our specific advice. Fraser Dawbarns LLP are always happy to provide such advice.
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