Are There Any Exemptions to Stamp Duty?

Stamp duty payments can make buying a property a pricey expense. Besides first time buyers relief, there is a wide range of other exemptions available that you should consider before you buy.

• Properties worth less than £40,000 are exempt from stamp duty

• Homes registered to companies rather than individuals with a value exceeding £500,000 have a SDLT rate of 15%.

• Charities may be eligible for SDLT relief buying land and property for charitable purposes.

• Right-to-Buy transactions may qualify for discounts

• Registered social landlords may be able to get relief if they are buying land or property.

• Zero-carbon homes below £500,000 are exempt. Any properties over £500,000 are reduced by £15,000.

• A full list of SDLT exemptions and reliefs are listed on the HMRC website.