SDLT and shared ownership

SDLT and shared ownership

Shared ownership can enable an individual to own a stake in a property where they would not otherwise be able to get on the housing ladder. As with other property purchases, stamp duty land tax (SDLT) is payable where you buy a property through a shared ownership in England or Northern Ireland. SDLT does not apply in Scotland and Wales where, respectively, land and buildings transaction tax and land transaction tax apply instead.
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