Residential Rates on purchases from 8 July 2020 to 31 March 2021
If you purchase a residential property between 8 July 2020 to 31 March 2021, you only start to pay Stamp Duty on the amount that you pay for the property above £500,000. These rates apply whether you are buying your first home or have owned property before.
From 8 July 2020 to 31 March 2021 the special rules for first time buyers are replaced by the reduced rates.