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Lauren from Redditch Monkey Advice discusses stamp duty in the UK, a tax paid on land or property purchases. Stamp duty varies based on buyer type (first-time, home mover, or additional property). One common question is whether stamp duty can be included in the mortgage loan, which is possible, but depends on personal circumstances and deposit amount. Redditch Mortgage Advice completes a full review during the first appointment, including all costs. They can assess if stamp duty funds can be added to the loan. Buyers may also be considering a second home or investment property for buy-to-let.
