What is Stamp Duty?

what is stamp duty | Cyden Homes

Stamp Duty

Stamp Duty Land Tax, otherwise known as SDLT or Stamp Duty, is a tax charged by the Government when you buy a new or used home in England.

The SDLT rates are varied whether you are a First Time Buyer, buying your next home or an additional property.

Please note Stamp Duty rates have changed from 1St April 2025. 

How much is Stamp Duty?

First Time Buyers – Your First Home

Following on from the Government announcements Stamp Duty Rates are changing from 1St April 2025.

Please check with your conveyancer for current rates.

Please note rates are due to increase in April 2025. 

Buying Your Next Home

Following on from the Government announcements Stamp Duty Rates are changing from 1St April 2025.

Please check with your conveyancer for current rates.

Please note rates are due to increase in April 2025. 

Investors Or Already Own A Home

If you are an investor or buying an additional property (i.e. holiday home) you will pay an additional rate. It is very important that you check with your legal advisor what rate you will pay.

Speak to our team

Find out more about stamp duty and see how we can help you with your property purchase.

sales@cydenhomes.co.uk

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All information provided is for information purposes only.

Do not rely on this webpage for the latest available information or to base any intended purchase upon.

Check with your legal advisor or HM Government’s Stamp Duty website for the most up to date criteria.