Property Market Update: Summer 2026
We are now halfway through 2026, and the property market across Warwickshire is still active.
Buyers are still…
10.04.2025
Tip For Saving money on SDLT
The maximum SDLT payable for purchasing commercial property is 5%, whereas the percentages can be much higher when purchasing more expensive residential properties. But there is a legal loophole: the six or more rule. If you are purchasing six or more properties in one transaction (even if they are residential properties), the transaction is allowed to be treated as a non-residential (i.e. commercial) purchase for SDLT purposes, thereby saving you a considerable amount of money. With complicated or very expensive purchases, never accept your solicitor’s advice on SDLT; instead, pay an SDLT specialist who knows the ins and outs of this punitive tax.
I know that this will only help people who are purchasing very expensive properties (generally over the £1m mark), but even if it helps one person to save a tonne of money then I'll be happy.
Regards,
George Herodotou
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