FAQs on Stamp Duty Tax
As a first time buyer, do I need to pay Stamp Duty?
First-time buyers currently do not pay Stamp Duty on the first £425,000 of their home. First time buyers’ relief is available on properties up to £625,000.
What if I'm a non-UK resident, what does that mean for me?
As of the 1st April 2021, SDLT rates will be 2% higher for those purchasers of a residential property in England who are not UK residents.
How much is buy-to-let Stamp Duty?
Known as the Additional Stamp Duty Rate in England, it is a minimum 3% extra charge on top of the usual Stamp Duty bill.
How much is new build Stamp Duty?
It’s the same rate as any other home.
Are there any Stamp Duty Exemptions?
Yes, if you are a first time buyer, you do not pay Stamp Duty on the first £425,000 of your home. First time buyers’ relief is available on properties up to £625,000.
Step One
Finding your new home
All of our homes are in sought after locations and with such a wide range of options you can find the Redrow home that is perfect for you.
Finding your new home
Step Two
The buying process
Our Sales Team can put you in touch with recommended specialists to assist you throughout the house buying process.
The Buying Process
Step Three
From exchange to completion
Our team will keep you up to date every step of the way and will ensure you receive all the information and support you need.
From Exchange to Completion
Step Four
Your guide to moving
Our guide to moving house covers a checklist of everything that you need to do from before the move, until after you have moved in.
Your Guide to Moving