How do I calculate stamp duty land tax (SDLT) accurately for my second buy-to-let property purchase, considering potential first-time buyer relief on my main residence?

Quick Answer

SDLT for a second buy-to-let includes standard rates plus a 5% surcharge. First-time buyer relief doesn't apply to investment properties or if you already own a main residence.

About This Topic

Learn to calculate SDLT for your second buy-to-let property accurately. Understand the 5% surcharge and why first-time buyer relief won't apply.

This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.

Expert Guidance from Steven Potter

Steven Potter is a UK property investment coach with a £1.5M portfolio and over 5 years of hands-on experience. He has helped over 1,000 students achieve their property investment goals through practical, ethical strategies.

Ready to Take Action?

Get personalised property investment coaching with Steven Potter's Property Freedom Framework.

Learn about the Property Freedom Framework

Related Topics