Stamp Duty Land Tax (SDLT) is a huge part of the property buying process and one of the biggest expenditures homeowners will have. Some buyers may have overpaid or qualify for an exemption, which means they may be eligible for a stamp duty refund.
These situations can come about by your conveyancing solicitor not calculating your SDLT at time of purchase correctly, whether that is not applying the correct rates, miscalculating the leasehold or not taking into account mixed use or other criteria as noted below.
We check all these for you, and let you know if you have overpaid.
Who can apply?
You could be eligible for a refund if you paid SDLT on any of the following within the last 10 years:
Multiple Dwellings Relief:
A property with multiple buildings or annexes, purchased in one transaction.
Mixed Use:
Any purchase that included mixed use properties in one transaction such as a residential dwelling and commercial property.
Uninhabitable:
This could include major structural repairs, or an unsafe property at the time of purchase. Evidence will be required.
New Rates and Reliefs:
We check you were given the correct rates due at the time of purchase, from 23 September 2022 onwards rates changed and you may have been miscalculated.
Charged a surcharge but subsequently sold your first/original property within 3 years
First Time Buyers purchasing a property worth £425,000 or less will pay no SDLT from September 2022 until March 2025
Probate
Any Property Trading Company purchasing through probate may be entitled to relief from SDLT charges
Leasehold
These are complicated calculations, and we can check if the correct amount was charged
Litigation
Once the HMRC period has expired, typically older than 4 years from purchase date, we can look at litigation for purchases up to 10 years old, if the conveyancing solicitor made errors in your calculation we can apply for a refund using our litigation team.
Apply Now
Follow us on Facebook
Explore behind-the-scenes on Instagram
