Claiming your
Stamp Duty?
If you bought a residential buy-to-let or additional home within the past 4 years and it needed repairs or renovations, get in touch with us now to check if you meet the criteria for a stamp duty refund (SDLT return).
How Its Work​​s
Claiming your stamp duty refund is a straightforward process with our simplified approach. Follow these simple steps to get started:
Step 1: Check Eligibility - Verify if you qualify for a stamp duty refund based on specific circumstances, such as the fact that the purchased dwelling does not constitute "residential property" for SDLT purposes. Consequently, the price should be taxed at the non-residential or mixed rates and not the residential "standard rates" or "higher rates". HMRC say this at SDMT00385 of their internal guidance manual, the Stamp Duty Land Tax Manual: "A residential property that is no longer habitable as a dwelling, due to dereliction, for example, would not be residential property on the basis that it is not suitable for use as a dwelling. Our team is well-versed in the eligibility requirements and can guide you through the process.
Step 2: Gather Documentation - Collect all relevant documentation related to your property transaction. This may include purchase contracts, proof of payment, and any additional supporting documents required by HM Revenue and Customs (HMRC).
Step 4: Maximising Your Refund - We employ our extensive knowledge and expertise to maximize your stamp duty refund. Our team diligently evaluates your claim, exploring all available avenues to secure the highest possible refund for you.
Step 3: Submit Your Claim - With the help of our experts, submit your claim along with the necessary documentation. Our team of professionals is dedicated to streamlining the process, making it quick and hassle-free. They will review your claim to ensure accuracy and completeness.
Step 5: Claim Resolution - Once your claim is submitted, our team actively communicates with HMRC on your behalf. We handle any inquiries or requests for additional information, ensuring a smooth and efficient resolution to your claim.
Eligibility Criteria
Second Home Stamp Duty Refund
-
Selling your main residence within three years of paying the additional 3% surcharge.
-
Claiming the refund within a specific time frame based on the purchase and sale dates.
Stamp Duty Land Tax Refund for Houses with an Annexe
-
Owning a property with a self-contained annexe or smaller building on the grounds of the main home
-
The main building should be worth at least two-thirds of the property's overall value.
-
The purchase should have been made after the rule change in 2018.
Shared Ownership Stamp Duty Refund for First-Time Buyers
-
Purchasing a shared ownership property as a first-time buyer.
-
The property's value should not exceed £500,000.
-
The relief can be applied retrospectively for purchases made on or after November 22, 2017.
Stamp Duty Refund on Uninhabitable Buildings
-
Purchasing a property considered uninhabitable and requiring substantial renovation.
-
The property should not meet the criteria for immediate habitation based on hygiene and basic needs.
-
Landlords who have previously paid the top rate for such properties could potentially claim a refund.
SDLT Refund on Miscalculated Properties
-
Overpaying stamp duty due to inaccuracies in HMRC's online stamp duty calculator
-
Instances where properties are deemed "mixed-use" or have an annexe may be affected.
-
Contacting a conveyancer or the Law Society can provide guidance on potential refund claims.
Please note that eligibility criteria may vary depending on the specific circumstances of your property transaction. Our team of experts is here to guide you and assess your eligibility for a stamp duty refund. ​
-
Are stamp duty refunds guaranteed?While we cannot guarantee refunds in every case, our team has extensive experience and expertise in maximizing your chances of a successful claim. We thoroughly assess your eligibility and employ diligent strategies to secure the highest possible refund.
-
Do I need professional assistance to claim a stamp duty refund?While it's possible to submit a claim independently, having professional assistance can greatly increase your chances of success. Our team is well-versed in the intricacies of the stamp duty refund process, ensuring that your claim is accurately prepared and maximizes your refund potential. We handle the paperwork, communicate with HMRC on your behalf, and provide expert guidance throughout the entire process.
-
How long does the stamp duty refund process take?The processing time can vary depending on the complexity of the claim and HMRC's workload. On average, it takes approximately 6–8 weeks from the submission of your claim to receiving your refund. Rest assured, we work diligently to expedite the process as much as possible.
-
How much can I expect to receive as a refund?The refund amount depends on various factors, including the original stamp duty paid, eligibility criteria, and any applicable exemptions or reductions. Our team conducts a comprehensive evaluation to ensure you receive the maximum refund available based on your specific circumstances.
-
Can I claim a stamp duty refund if I purchased a property several years ago?Yes, it is possible to claim a refund for stamp duty overpayments made in previous years. There is typically a time limit for making such claims, so it's essential to act promptly. Our team can review your case and advise you on the eligibility criteria and potential refund amount based on your specific circumstances.
Frequently Asked Questions
If you have any further questions or concerns regarding stamp duty refunds, our knowledgeable team is here to provide the answers and guidance you need. Feel free to reach out to us through our contact channels, and we'll be happy to assist you.
Trust Signals
When choosing a service provider for your stamp duty refund claim, it's crucial to work with a trusted and reputable company. Here are some reasons why you can rely on us:
Industry Expertise
Our team comprises seasoned professionals who have in-depth knowledge of stamp duty regulations and claim procedures. We stay up-to-date with the latest developments and ensure that your claim is handled with expertise and accuracy.
Proven Track Record
We have successfully assisted numerous clients in securing substantial stamp duty refunds. Our satisfied clients and their testimonials speak to the quality of our services and the results we deliver.
Transparent and Ethical
We operate with full transparency, ensuring that you understand the entire claim process and any associated fees upfront. Our ethical approach means we prioritize your best interests and strive to secure the maximum refund you are entitled to.
Client Satisfaction
Client satisfaction is at the core of our service. We prioritize clear communication, prompt responses to inquiries, and personalized assistance throughout your claim journey. Your needs and concerns are our top priority.
We value the trust our clients place in us, and we are committed to delivering exceptional service, reliable results, and a positive experience for every individual seeking a stamp duty refund.