Legal and Financial Implications of Stamp Duty: What Solicitors and Mortgage Advisors Want You to Know

Legal and Financial Implications of Stamp Duty: What Solicitors and Mortgage Advisors Want You to Know

Understanding Stamp Duty in the UK Property MarketStamp Duty Land Tax (SDLT) is a critical consideration in any property transaction within England and Northern Ireland, whether you are purchasing your main residence or investing in buy-to-let properties. SDLT is a government-imposed tax payable on the purchase price of land or property over certain thresholds. The…