What Stamp Duty Land Tax (SDLT) rate applies for the purchase of a second home? What is the SDLT higher rate? Are there any reliefs from the SDLT higher rate?

This is a freeview guide. Subscribers can view a detailed guide here.

At a glance

What are the higher rate SDLT rates and bands?

What's new?

Between July 8 2020 to 31 March 2021 a temporary reduced rate applies for both basic SDLT and higher rates due to the coronavirus. See SDLT: Summer economic update.

What do the higher rates apply to?

The higher rate only applies to purchases of major interests in dwellings.

While the definition of a dwelling is related to the definition of a residential property (for SDLT) it has not got the same meaning.

A dwelling includes:

The following are not treated as dwellings and the higher rate charge does not apply:


See Subscriber Guide: SDLT Residential Property/what is a dwelling?

Multiple Dwellings Relief (MDR): Purchase of more than one dwelling

What does HMRC say about mixed-use properties?

See What is residential property for SDLT?

Is there any relief if a property is purchased for use as a dwelling in a trade?

Yes, but only in limited circumstances. See Subscriber Guide: SDLT Residential Property Higher Rates

Married couples

Joint ownership

If two or more people own or purchase property jointly, if any of the joint purchasers has two or more properties at the end of the transaction date and they are not replacing a main residence, the whole of the consideration is subject to the higher rates of SDLT.

Special rules for business partners

When a partnership in which you are a partner owns a dwelling used for the partnership’s trade. 

Special rules for inherited properties

What is classed as my main residence?

What are the conditions for relief if I am replacing my main residence?


SDLT: Residential property (dwellings): higher rate
A guide to the SDLT higher rate charge on residential property, when it applies and what reliefs are available.

SDLT: Annexes and Multiple Dwelling Relief
What is multiple dwellings relief? When does it apply and how is it claimed?

SDLT: Linked transactions

What are Linked Transactions? When does do Linked Transaction rules apply for SDLT? How do I calculate SDLT on a linked transaction?

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