Get your free calculation below.
Additional Tools to Support Your Move
How Do You Calculate
SDLT?
Stamp Duty Costs are incurred when you:
- Buy a freehold property
- Buy a new or existing leasehold
- Buy a property through a shared ownership scheme
- Are transferred land or property in exchange for payment, ie: you take on a mortgage or buy a share in a house
How And When To Pay Stamp Duty
Your conveyancing solicitor will usually deal with the Stamp Duty return and the transfer of any costs due, although you can do it yourself. Either way however, you’re responsible for making sure it’s all submitted on time or there are heavy fines to pay.
You must still submit a return (unless exempt) even if you don’t need to pay any Stamp Duty costs.
SDLT
Thresholds.
The current Stamp Duty threshold for residential properties in England and Northern Ireland from the 1st of October 2021 is 0% if the property value is less than £125,000. The table shows stamp duty rates from effective from 1st April 2025 for residential purchases.
The Stamp Duty threshold for First Time Buyers is set at £500,000. So as a first-time buyer you will pay little or no tax if the purchase price is £500,000 or less and if you or anyone else you are buying with are first-time buyers.
| Tax Band | Normal Rate | Additional Property |
|---|---|---|
| less than £125k | 0% | 5%* |
| £125k to £250k | 2% | 7% |
| £250k to £925k | 5% | 10% |
| £925k to £1.5m | 10% | 15% |
| rest over £1.5m | 12% | 17% |
*Note: If an additional property is purchased for less than £40k then there will be 0% tax. For purchases of additional property from £40k to £125k the SDLT rate will be 3% on the full purchase price.
| Tax Band | Normal Rate |
|---|---|
| less than £300k | 0% (5)* |
| £300k to £500k | 5% |
| £500k to £925k | 5% |
| £925k to £1.5m | 10% |
| rest over £1.5m | 12% |
*Note: For purchases over £500k, SDLT is charged at 2% from £125k to £250k and 5% from £250k to £925k..
More Than Just A Calculator.
If you are planning to buy a home, whether as a first-time buyer or a full-time property investor, you will need to be aware of the rules and regulations surrounding stamp duty in the UK and the costs involved. Doing so early could very well save you both time and money.
How much you pay depends on whether the land or property is residential, non-residential, or mixed-use and calculations take into consideration a number of other personal circumstances. We will take you through this in detail on our Stamp Duty Rates In The UK page.
Stamp Duty News
Stamp Duty for Holiday Lets: What Summer Property Investors Need to Know
Summer is one of the busiest times for holiday let investments in the UK. With the rise of staycations and short-term rentals through platforms like Airbnb and Vrbo, more buyers are snapping up coastal cottages, countryside retreats, and city flats to turn into profitable holiday homes. But before you jump
Beat the Summer Rush: Tips to Secure Your Home and Budget for Stamp Duty
Summer is one of the busiest times of year in the UK property market. Families look to move before the new school year, second-home buyers seek holiday properties, and the warmer months tend to attract more listings and more competition. While this can mean more choice for buyers, it also
Stamp Duty for Holiday Lets: What Summer Investors Need to Know
With the rise in domestic tourism and the popularity of short-term rental platforms, holiday let investments have become a lucrative option for property buyers across the UK. If you’re thinking of purchasing a holiday home this summer — whether by the coast, in the countryside, or near a major tourist