Stamp Duty Land Tax Holiday (SDLT) and SDLT rate changes

The Stamp Duty Land Tax (SDLT) holiday is due to end on 31st March 2025, and SDLT rates will increase from 1st April 2025.

From 1st April 2025, the standard residential property rates are as follows: 

For Example:

In April 2025, you purchase a house for £300,000, and on completion, you will only own one property, the SDLT payable will be calculated as follows:

• 0% on the first £125,000 = £0
• 2% on the second £125,000 = £2,500
• 5% on the final £50,000 = £2,500

Total SDLT = £5,000

Please see the government guidance for the latest information about Stamp Duty Land Tax rates.

While we make every effort to progress all of our clients’ transactions without delay, there are a number of factors we cannot control, such as the speed at which third parties take any necessary actions. We therefore cannot guarantee that we can complete your transaction before 31st March 2025 and will not be responsible for any additional SDLT payable if your transaction completes after this date.

If you would like to discuss the upcoming SDLT changes further, please do not hesitate to contact enquiries@tmjlegal.co.uk or telephone 01429 235 616 to speak to a member of our Conveyancing team.