Stamp duty calculations below reflect recent stamp duty changes in England and Northern Ireland.
Stamp duty for most first time buyers has been permananetly abolished. Please refer to stamp duty for first time buyers page for new stamp duty rates, calculations and further details.
Stamp duty rates have increased for anyone purchasing an additional property. From April 2016 a 3% surcharge has been applied on top of the normal SDLT rate. This means buy to let purchases now attract higher levels of SDLT unless individual ownership is limited to a single property.
Land and Buildings Transaction Tax (LBTT) has replaced stamp duty in Scotland. LBTT calculations attract a 3% surcharge for second homes. Please use the separate LBTT calculator for figures relating to purchases in Scotland.
From April 2018 Land Transaction Tax (LTT) has replaced stamp duty in Wales. LTT rates are 3% higher for additional property. Please use the LTT calculator for property purchases in Wales.
These figures are subject to the Stamp Duty Holiday applicable until 31 March 2021 whereby no stamp duty is payable for purchases under £500,000.
The next portion of the property's price (£500,001 to £925,000) will be taxed at 5%; with an additional 10% for properties priced between £925,001 to £1.5 million); and the remaining at 12%.
This replaces any previous schemes which allowed first time buyers to not pay any stamp duty on properties up to £300,000.