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5% Stamp Duty Land Tax on Houses

5% Stamp Duty Land Tax on Second Homes: Q&A

The UK government has introduced a higher Stamp Duty Land Tax (SDLT) rate on second homes to regulate the housing market and generate additional revenue. If you’re considering purchasing an additional property, it’s essential to understand how this surcharge works. Here’s a detailed Q&A to help you navigate the 5% SDLT on second homes. What…