Disadvantaged Area Relief

A Stamp Duty tax allowance granted by HM Revenue to assist in the re-development of certain areas of towns. It is currently only available for the residential element of mixed use (residential and non-residential) properties.

The introduction of a temporary Stamp Duty holiday from 3 September 2008 to 31 December 2009 inclusive means that purchases of certain qualifying residential property up to a value of £175, 000 are currently exempt from Stamp Duty.

This figure is higher than the current Disadvantaged Areas Relief threshold of £150, 000.