Can I reduce stamp duty?

Yes, there are a few ways to potentially reduce your stamp duty liability. First-time buyers can benefit from relief on properties up to a certain value. You may also be exempt from stamp duty due to the transfer of property. Other ways to reduce stamp duty include convincing the seller to lower their asking price, paying for fixtures and fittings separately, adding a booster to your mortgage, or opting for a new build, as some developers may agree to pay all or part of the stamp duty to attract buyers.