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stamp duty exemptionsTelegraph
•75% Informative
Stamp duty is a tax paid to HMRC for the transfer of land or property.
The amount owed depends on the value of the property you’re buying in England and Northern Ireland .
First -time buyers have an exemption on the first 425,000 of a property purchase up to 625,000 .
From April 2025 , rates are due to revert to what they were before the Tories introduced stamp duty changes.
Find developers offering first -time buyer stamp duty reliefs.
Consider who is named on the title deed to avoid stamp duty surcharges.
Check if you have paid the correct rate of stamp duty at 5pc instead of 5pc .
Some developers may offer to cover the stamp duty when you buy a property off-plan.
The surcharge is generally payable when more than two dwellings are held at the end of the transaction date.
There are exemptions when the acquisition is the replacement of a main dwelling.
VR Score
74
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71
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34
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English
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6
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