09/06/2026
Sometimes in the mortgage world, we get used to acronyms, terms, and other industry-specific words and phrases because we use them day to day.
It could be that you’ve heard the phrase and don’t know what it means, or, just want a little insight into how mortgages work.
📌When you buy a property in England and Northern Ireland (different rules apply to Wales and Scotland), you may need to pay Stamp Duty Land Tax (SDLT).
📌This is a tax that is levied on the purchase price of the property and the amount depends on the value of the property and the type of property you are purchasing. For example, if this is your first purchase, second purchase, or additional property purchase.
📌The amount is collected and paid on your behalf by your chosen conveyancer at the end of the process.
📌The Government still has in place some savings on Stamp Duty so this tax may not apply to you as each individual circumstance is different.
If you're unsure of what to do or think you could benefit from some advice please give me a call or send me an email with the details below.
📱07592 319971
📞01733 367800
⌨[email protected]
💻www.agentisfinancial.co.uk
*Your home may be repossessed if you do not keep up the repayments on your mortgage*