Stamp Duty Calculator

You must pay Stamp Duty Land Tax (SDLT) if you buy a property over a certain price. The current SDLT threshold is £125,000 for residential properties.

Calculate Your Stamp Duty

Standard Stamp Duty Tax Rates

Brackets Rate
£0-£125,000 0%
£125,001 – £250k 2%
£250,001 – £925k 5%
£925,001 – £1.5m 10%
£1.5m+ 12%

So, if you bought a property for £300,000 you would you pay:

  • No stamp duty on the first £125,000 = £0

  • Then 2% on the next £125,000 = £2500

  • 5% on the remaining £50,000 = £2500

So the total Stamp Duty to Pay will be £5000.


Buy-to-let and second homes Stamp Duty 

From April 2016, property buyers in England and Wales will have to pay an additional 3% on each stamp duty band.

Buy-to-let and second home Stamp Duty tax bands

Brackets Standard Rate Buy-to-let/second home rate (April 2016)
£0 – £40,000 0% 0%
Up to£125,000 0% 3%
£125,001 – £250,000 2% 5%
£250,001 – £925,000 5% 8%
£925,001 – £1.5m 10% 13%
Over £1.5m 12% 15%
Source: HMRC

So, if you bought a Buy-to-let/second home rate property for £300,000 you would you pay:

  • 3% on the first £125,000 = £3750

  • Then 5% on the next £125,000 = £6250

  • 8% on the remaining £50,000 = £4000

So the total Stamp Duty to Pay will be £14,000.

We will be happy to help you at every stage of the property buying process. To discuss which areas will provide the highest returns on investments, please speak to Michael who can offer advice on where and when to invest.

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