Many UK conveyance solicitors use generic Stamp Duty Land Tax online calculators. The problem with any calculator is “rubbish in, rubbish out”. They do not tell you the many SDLT tax reliefs available to landlords and property developers.

Have you overpaid SDLT?

Mixed-use properties: A mixed-use property is where you have a flat above a commercial building (shop/restaurant). You do not pay 3% SDLT higher rate or residential rates of SDLT but some conveyance solicitors will incorrectly tell you to pay the higher rates. This may be claimed back.

Buying a new home: You do not need to pay the 3% SDLT higher rate when you are replacing your home. Some solicitors ask you to pay this higher rate incorrectly. It can be claimed back.

Buying multiple properties like a house with a granny annex: There is a tax relief called Multiple Dwellings relief (MDR). This allows you to pay the average of two properties with a minimum of 1% of the total purchase price. This again is overlooked by some conveyance solicitors. Luckily we can claim this back for you.