Stamp Duty Calculator:
Use our handy Stamp Duty Calculator to find out how much Stamp Duty you will need to pay when purchasing your new home.
You won't pay any stamp duty on a main residence up to £125,000, unless you’re a first-time buyer and then it’s up to £300,000!
Those purchasing an additional or buy-to-let property are required to pay an additional 3% surcharge on top of each stamp duty band.
|Property or lease premium or transfer value||SDLT rate|
|Up to £125,000||Zero|
|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 £1.5 million)||10%|
|The remaining amount (the portion above £1.5 million)||12%|
First-time buyers can still benefit from a reduction after 1 October 2021. This means you’ll pay:
- No stamp duty up to £300,000
- 5% stamp duty on the portion from £300,001 to £500,000
You’re eligible if you and anyone else you’re buying with are first-time buyers. If the price is over £500,000, you’ll pay 5% on the portion up to £925,000, and 10% on anything over that.
I am a first-time buyer
I'm buying my next home
I'm buying a second home / buy to let