SDLT: Please be aware that with effect from 1 April 2025 the threshold for payment of SDLT on a residential transaction drops from £250,000 to £125,000 and the threshold for claiming first time buyer relief drops from £425,000 to £300,000. It is the date of completion (not exchange of contracts) that is relevant for this purpose. The timescale for a property purchase is affected by many factors and New Homes Law are not able to control these. We therefore accept no responsible for a buyers tax liability or any increase that may occur.
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