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Stamp Duty Budget 2024: What Property Buyers Need to Know

UK Construction Blog

Key Takeaways The 2024 Budget introduces significant changes to Stamp Duty Land Tax (SDLT) with new rates for residential properties, impacting transaction costs for both buyers and investors. billion in tax revenue by 2029-30, aiming to fund the delivery of 1.5 These SDLT increases are expected to generate 1.2 million new homes.