When you purchase a buy-to-let property, you’ll need to consider Stamp Duty Land Tax (SDLT), which is paid on the purchase price of the property.
In this guide, updated for the October 2024 Budget, you’ll learn how much Stamp Duty you’ll pay when investing in property.
When purchasing a property, stamp duty, or Stamp Duty Land Tax (SDLT) as it’s officially known, is a major cost that needs to be budgeted for.
We’ve designed this guide to give a detailed overview of stamp duty for property investors, including buy-to-let landlords, furnished holiday let (FHL) and second home owners.
In this Pro Guide, you’ll learn about:
- How stamp duty is charged, plus how and when to pay it
- The variations in stamp duty for limited companies, corporate bodies and individuals
- Rates for buy-to-let residential, non-residential, and non-UK residents
- How to calculate stamp duty
- The reliefs and exemptions available to reduce SDLT