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Will the stamp duty cut apply to BTLs?

6 replies

LandladyMaybe · 23/09/2022 10:34

Does anyone know if the cuts announced today will also apply to BTL properties?

OP posts:
LandladyMaybe · 24/09/2022 17:26

Hopeful bump Smile

OP posts:
WyldeSwan · 24/09/2022 18:54

Yes, the additional 3% remains the same, so it's now 3% up to £250,000, 8% up to £925,000 etc

JessicaPeach · 24/09/2022 19:08

It's 3% to £250k then 5% The max saving is £2500

LandladyMaybe · 24/09/2022 19:11

Where did you read this?

But if I already own a BTL, will I still have to pay 6% on my next BTL purchase?

OP posts:
Eastangular2000 · 24/09/2022 19:30

LandladyMaybe · 24/09/2022 19:11

Where did you read this?

But if I already own a BTL, will I still have to pay 6% on my next BTL purchase?

You will have to pay an additional 3% over the standard rates. The fact it is a BTL is not relevant, it’s owning more than one property.

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