Calculate the Stamp Duty on your UK* residential property purchase.
You must pay Stamp Duty Land Tax (SDLT) if you buy a property over the current SDLT threshold of £125,000.
*You pay a different tax if your property or land is in Scotland or Wales.
There are different rules if you or the person you’re buying with are first time buyers purchasing their first home and the purchase price is less than £500,000. Anyone buying an additional residential property worth £40,000 or more will have to pay additional stamp duty even if the property you already own is abroad.
You must send an SDLT return to HMRC and pay the tax within 14 days.
We recommend checking the stamp duty rates below so you know exactly what you’ll have to pay and there are no surprises during your next property purchase.
Stamp Duty Calculator
Please note: The calculator has been updated following the extension of a Stamp Duty holiday which lasts until 31st June 2021. If you’d like a clear picture on how this may affect you as an overseas buyer, please contact us.
Stamp duty on second homes and or buy-to-let property
As of 1st April 2016, if you’re purchasing a second home or buy-to-let property you have to pay an additional 3% surcharge on each stamp duty band.
Additionally, the way stamp duty rates for residential purchases are calculated within England and Wales were changed in 2014. The old structure was replaced with a progressive scale of charges levied on all transactions over £125,000. The new percentages apply to the value above each threshold up to the full purchase price, for example, in the same way that income tax operates.