Stamp Duty Rebate For Investors

Investing in a property in the UK can be a financial asset for many who are able to afford it. Whether you’re considering renting a property out for buy-to-let tenants or want to renovate and sell it for a profit, there are some important tax charges to be aware of. Stamp Duty Land Tax (SDLT), often referred to simply as stamp duty, is a tax that is applied to property purchases in England and Northern Ireland, with Scotland and Wales having their own similar tax policies.

Stamp duty is not a fixed amount as the price can vary between property types, the number of properties you own, and the cost of each property. It is therefore important to understand how much stamp duty you will be expected to pay and whether or not you are eligible for reliefs and exemptions in the form of a stamp duty rebate.

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Do Investors Pay Stamp Duty On Properties?

Yes, investors must pay Stamp Duty Land Tax on residential properties worth over £250,000 in England and Northern Ireland. Even if you are planning to buy a property for the sole purpose of letting it out, you will still be required to pay, provided the property meets the stamp duty criteria. In addition, the 3% surcharge will apply where additional properties are owned at the time of purchase. This can make SDLT a significant part of any property purchase.

Similarly, if you are buying a non-residential property, you won’t pay land tax on the first £150,000 of the purchase price. The amount you are likely to pay as an investor is therefore determined by different factors which we’ll outline below.

Are Investors Eligible For Stamp Duty Rebate?

In some cases, property owners may be eligible for a stamp duty rebate or refund if they end up paying too much tax. There is often confusion surrounding how much homeowners are actually required to pay as the government stamp duty calculator only covers the basic parameters of the stamp duty tax. This means that, more often than we might imagine, buyers can end up paying more than they need to.

Regardless of whether you are looking to resell a property, live in it, or invest for the future, if you pay the inaccurate stamp duty amount, you could qualify for a stamp duty rebate. Reasons why you might be eligible for a stamp duty rebate include if you paid too much, the property is uninhabitable, or there is an annexe as part of the property, among other reasons. If you are unsure about your eligibility, feel free to get in touch with us at Stamp Duty Rebate where we’re happy to discuss your situation and assist you in your rebate application.

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How Can Investors Get A Stamp Duty Rebate?

If you believe you could qualify for a stamp duty rebate, it is your responsibility as the buyer to identify and rectify the incorrect payments. It is likely that HMRC will be in touch if you have underpaid, but when it comes to overpayment, it is unlikely they will chase up issues. Therefore, it is worth seeking professional advice from a rebate expert to assist you in your stamp duty rebate application, particularly if you are dealing with a complex case such as a buy-to-let property or a second home. Investors will need to complete a stamp duty rebate form via HMRC which will then determine your case and refund your stamp duty overpayment if deemed successful.

Recent claims

How much can I expect to get back should my claim be valid and approved?

Every case is different. In some cases, we were able to arrange a rebate of up to 60% of the original SDLT paid. Some of the cases that we’ve successfully claimed refunds for:

Steven B Primary Residence
Rebate Received £9,337.00
Purchase price £1,100,000.00
Stamp Duty Paid £53,750.00
Gary H Primary Residence
Rebate Received £26,795.00
Purchase price £1,485,000.00
Stamp Duty Paid £89,750.00
Matt S Buy to Let
Rebate Received £8,817.35
Purchase price £274,000.00
Stamp Duty Paid £11,920.00
Ben G Primary Residence
Rebate Received £17,397.00
Purchase price £1,260,000.00
Stamp Duty Paid £69,750.00
Zev S Buy to Let
Rebate Received £13,044.95
Purchase price £410,000.00
Stamp Duty Paid £22,800.00
Ashkey P Buy to Let
Rebate Received £2,502.33
Purchase price £82,500.00
Stamp Duty Paid £2,475.00
Sophia L Primary Residence
Rebate Received £42,478.00
Purchase price £1,680,000.00
Stamp Duty Paid £115,350.00
Jonathan P Buy to Let
Rebate Received £2,340.51
Purchase price £77,500.00
Stamp Duty Paid £2,325.00
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Why Choose Stamp Duty Rebate?

By partnering with Stamp Duty Rebate, we can help you to complete your stamp duty rebate form and determine your eligibility in order to save you time and administrative hassle. We have over 15 years of experience with a great track record whereby our highly qualified team are experts at what they do. With our surveyors, legal professionals, and tax specialists, you’ll be in safe hands to reclaim your money.

In order to start your rebate process, complete our free online assessment where our team can determine your eligibility before sending it off to HMRC. Then, once your claim has been submitted, it should take between 6-8 weeks for a response. If your claim is successful, you’ll receive the money in your account shortly after. 

Book an assessment with Stamp Duty Rebate today or give us a call.