New Stamp Duty Rates - System Adjustments from Autumn Budget 2024

Changes

The rates increased from 3% to 5% from 31st October 2024 and apply to purchases of second homes, buy-to-let residential properties and companies purchasing residential property.

Please note that this rate increase does not impact transactions that exchanged contracts prior to 31 October 2024.

For full information on the rates for Second homes, please visit gov.uk.

If you need any help and assistance, please contact our helpful team:

enquiries@sortmove.co.uk

0333 456 1009