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The rules and conditions for what is paid cover a lot of ground and so it is advisable that those affected should check the government’s manual on this for full clarity. Currently, there is
a SDLT threshold of £125,000 in place for residential properties. This threshold increases to £150,000 for non-residential land and properties. SDLT is usually not a concern for people
making a first home purchase as there are exceptions in place for them.