When purchasing a new home Stamp Duty may be payable. The amount due depends on the property value and type of buyer.
From 8th July 2020 until 30th June 2021 there is a Stamp Duty Holiday meaning savings of up to £15,000 on a purchase of up to £500,000 during this period. From the 1st July until 30th September 2021 there is a holiday on Stamp Duty on purchases up to £250,000.
For more details on these discounts see:
https://www.gov.uk/guidance/stamp-duty-land-tax-temporary-reduced-rates
More information on aditional property pruchases see:
https://www.fwproperties.co.uk/stamp-duty-investors/
For more information on Stamp Duty see: