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Stamp Duty calculator

Calculate the Stamp Duty on your residential property

Calculate the Stamp Duty on your residential property in England, Wales or Northern Ireland. You have to pay Stamp Duty (SDLT) if you buy a property costing more than £125,000 (£40,000 for additional homes). Use this calculator to work out how much Stamp Duty is payable.

From the 1st April 2016 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.

Land and Buildings Transaction Tax (LBTT) has replaced Stamp Duty in Scotland. LBTT rates will also attract a 3% surcharge for second homes from 1st April 2016. Calculate the LBTT payable.

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£
Calculate the Stamp Duty on your residential property

Stamp Duty is a tax on the cost of properties over £125,000. The rate you pay depends on the purchase price of the property.

Make sure to clear the existing number before entering the new number.
£


Stamp Duty to pay is
Stamp Duty on your additional property Stamp Duty to pay is

£0.00

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The effective tax rate is 0.0%

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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%.

As of April 2016, 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 property Rate of Stamp Duty Buy to Let/ Additional Home Rate (from April 2016) *
£0 - £125,000 0% 3%
£125,001 - £250,000 2% 5%
£250,001 - £925,000 5% 8%
£925,001 - £1.5 million 10% 13%
Over £1.5 million 12% 15%

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

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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.

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