Stamp Duty Calculator

How much will I be paying for stamp duty?

Use our online calculator to find out the Stamp Duty on your residential property in England, Wales or Northern Ireland.

Calculate the Stamp Duty on your property

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Stamp Duty Calculator - Your Results

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Stamp Duty to pay is
Stamp Duty on your additional property Stamp Duty to pay is
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The effective tax rate is 0.00%

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You are not eligible for relief on Stamp Duty because the property value is greater than £500,000.

How is this calculated? Click to expand.

Stamp Duty is paid at different rates, depending on the purchase price. For example, someone buying a property for £245,000 would pay no tax on the value of the property up to £125,000 and 2% tax on the property value between £125,001 and £245,000. In this case, total liability for Stamp Duty would be £2,400 giving an effective tax rate of 1%.

Anyone buying a second home including a buy to let property will pay an extra 3% on top of the relevant standard rate band. In this example that would represent an extra £7,350, meaning the total stamp duty would be £9,750 giving an effective tax rate of 4%.

Purchase price of propertyRate of Stamp DutyBuy to Let/ Additional Home Rate*
£0 - £125,0000%3%
£125,001 - £250,0002%5%
£250,001 - £925,0005%8%
£925,001 - £1,500,00010%13%
Over £1.5 million12%15%

* Properties under £40,000 are not subject to second home SDLT

First-time buyers are entitled to relief for the first £300,000 of Stamp Duty on properties up to a value of £500,000.

For example, if you’re buying your first property for £350,000 you would pay:

  • no Stamp Duty on the value of the property up to £300,000
  • 5% tax on the value between £300,001 and £350,000.

In this case, the total amount of Stamp Duty would be £2,500, giving an effective rate of 0.7%.

For properties priced over £500,000, no relief is available and you would pay Stamp Duty on the full purchase price.

Purchase price of property Rate of Stamp Duty
£0 - £300,000 0 %
£300,001 - £500,000 5 %
£500,000+ Standard rates apply (see below)

If you're buying your next home or buying a property valued at over £500,000 you would pay:

  • no tax on the value of the property up to £125,000
  • 2% tax on the property value between £125,001 and £250,000
  • 5% tax on the property value between £250,001 and £550,000.

In this case, the total amount of Stamp Duty would be £17,500, giving an effective tax rate of 3.2%.

These rates currently apply to England, Wales and Northern Ireland

Purchase price of propertyRate of Stamp DutyBuy to Let/ Additional Home Rate*
£0 - £125,0000%3%
£125,001 - £250,0002%5%
£250,001 - £925,0005%8%
£925,001 - £1,500,00010%13%
Over £1.5 million12%15%

* Properties under £40,000 are not subject to second home SDLT

Stamp Duty is paid at different rates, depending on the purchase price. For example, someone buying a property for £245,000 would pay no tax on the value of the property up to £125,000 and 2% tax on the property value between £125,001 and £245,000. In this case, total liability for Stamp Duty would be £2,400 giving an effective tax rate of 1%.

Anyone buying a second home including a buy to let property will pay an extra 3% on top of the relevant standard rate band. In this example that would represent an extra £7,350, meaning the total stamp duty would be £9,750 giving an effective tax rate of 4%.

Purchase price of propertyRate of Stamp DutyBuy to Let/ Additional Home Rate*
£0 - £125,0000%3%
£125,001 - £250,0002%5%
£250,001 - £925,0005%8%
£925,001 - £1,500,00010%13%
Over £1.5 million12%15%

* Properties under £40,000 are not subject to second home SDLT

Did you know ?

You have to pay Stamp Duty within 30 days of buying a property. If you're using a solicitor to carry out the conveyancing, they will normally organise the payment for you.

Find out more:

Who Pays Stamp Duty?

You have to pay Stamp Duty (SDLT) if you buy a property costing more than £125,000 (£40,000 for additional homes).

Additional Home

Anyone purchasing an additional home including buy to let properties will have to pay an extra 3% surcharge on top of each stamp duty band.

Scotland

Land and Buildings Transaction Tax (LBTT) has replaced Stamp Duty in Scotland. LBTT rates will also attract a 3% surcharge for second homes.

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