Online Stamp Duty Calculator

Calculate SDLT Payable on a Property or House Purchase

When buying a property you may be liable to pay Stamp Duty Land Tax on the property purchase. Use our Stamp Duty Calculator below to work out the SDLT which you may be liable for:

Purchase price

Will the purchase of the property result in owning two or more properties?

Yes

No

Have you ever owned or part owned another property?

Yes

No

Will this property be your main residence?

Yes

No

Tax:

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Frequently asked questions about SDLT and Stamp Duty:

• Do I have to pay Stamp Duty when buying a property?
• I am a First Time Buyer in; do I have to pay Stamp Duty (SDLT)?
• Do I have to pay Stamp Duty when buying a second property?
• What is the Higher Rate of SDLT for buying a property which is to be rented out?

Stamp Duty for buying a residential property

Stamp Duty is generally payable on the purchase of a property over £125,000.00. As of April 2019, the following bands of stamp duty apply to buying a residential property:

Property Purchase Price	___ Rate ___
Up to £125,000	0%
The next £125,000 (the portion from £125,001 to £250,000)	2%
The next £675,000 (the portion from £250,001 to £925,000)	5%
The next £575,000 (the portion from £925,001 to £1.5m)	10%
The remaining amount (the portion above £1.5m)	12%

 

Frequently asked questions about SDLT and Stamp Duty:

There are currently a few variations on the stamp duty land tax payable, depending on your circumstances. The most common exceptions are as follows:

Stamp Duty rates for buying a second property.

Where the purchase of the property results in you owning 2 or more properties, and you are not replacing your main residence (by way of, for example, sale), then higher rates of stamp duty will probably apply. This can be also true where a spouse or civil partner owns an interest in a property, even if they are not a party to the transaction. Where this is the case then an additional 3% tax becomes payable where the purchase price is over £39,999.99. So the new tax brackets are as follows:

Property Purchase Price	Additional Property Stamp duty rate
Up to £125,000	3%
The next £125,000 (the portion from £125,001 to £250,000)	5%
The next £675,000 (the portion from £250,001 to £925,000)	8%
The next £575,000 (the portion from £925,001 to £1.5m)	13%
The remaining amount (the portion above £1.5m)	15%

It should be noted that an interest in a property anywhere in the world, not just in England, should be taken in to account.

What are the First Time Buyer Stamp Duty rates for buying a property?

Currently there is a Stamp Duty (SDLT) exemption and discount for first time buyers on properties up to £500,000.00. The rates for first time buyers are:

• Up to £300,000.00 – no tax payable.
• £300,0001 – £500,000 – 5% on that portion of the purchase price.
• Stamp duty relief is not applicable to purchases of properties over £500,000.00.

To qualify for first time buyer stamp duty relief, all parties to the transaction must be first time buyers.

Stamp duty relief is not applicable to purchases of properties over £500,000.00.

To qualify for first time buyer stamp duty relief, all parties to the transaction must be first time buyers.

When do I have to pay Stamp Duty Land Tax for my Property purchase?

Stamp Duty is potentially payable on the following kinds of transactions:

• When you buy a property.
• When you buy a share of a property.
• When you acquire a property instead of payment for services etc.
• Where you acquire or take an interest in a property, even if you are not named on the Title Deeds to the property.

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Who can advise me further on Stamp Duty Land Transaction and SDLT when buying a property?

Most Property Solicitors and Conveyancers should be able to give you specific advice on your stamp duty liability when purchasing a flat, apartment or house. You should always check the figures payable with your legal advisor as Stamp Duty Land Tax rules can change on any given day. You can always contact HMRC for further guidance.

What Stamp Duty is Payable when buying a Right to Buy Council Property?

On any Right to Buy Purchase, the Stamp Duty payable is on the Discounted Purchase Price. So, if the Discounted Price is x, then this is the figure you should work out your SDLT liability on. To qualify for first time buyer stamp duty relief, all parties to the transaction must be first time buyers.

This site is for guidance only and should only be used as such, and not relied upon when calculating your stamp duty liability. We cannot accept any responsibility for any errors or omissions, and you should always consult your legal advisor before making any decisions or committing to purchase a property.