BTL and second homes pay a 3% surcharge above standard residential SDLT rates. Non-UK residents pay an additional 2% surcharge. Scotland (LBTT) and Wales (LTT) operate on separate scales. Multiple Dwellings Relief can reduce the rate when buying 2+ properties in one transaction.
Tax term
SDLT
Tax on property purchases in England and Northern Ireland.
Also known as
Stamp Duty Land Tax, Stamp Duty
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