Depending on the price, you will need to pay Stamp Duty Land Tax when you buy a residential property in England, Wales or Northern Ireland.
You can use our quick Stamp Duty calculator to work out how much you would pay on your purchase.
Please note if you are buying a second property or a buy to let property you will need to pay a different rate of Stamp Duty and you can calculate this below.
You can also calculate how much is payable on commercial property purchases.
Standard rates
Purchase price bands (£) | Standard rate (%) |
---|---|
Up to 250,000 | 0 |
Above 250,000 and up to 925,000 | 5 |
Above 925,000 and up to 1,500,000 | 10 |
Above 1,500,000+ | 12 |
If the price is over £625,000, the rates below do not apply. Follow the rules for standard rates (Existing owners).
Purchase price bands (£) | Percentage rate (%) |
---|---|
Up to 425,000 | 0 |
Above 425,000 and up to 625,000 | 5 |
Above 625,000 | Refer to standard rates |
Purchase price bands (£) | Percentage rate (%) |
---|---|
Up to 250,000 | 3 |
Above 250,000 and up to 925,000 | 8 |
Above 925,000 and up to 1,500,000 | 13 |
Above 1,500,000+ | 15 |
Purchase price bands (£) | Percentage rate (%) |
---|---|
Up to 150,000 | 0 |
Above 150,000 and up to 250,000 | 2 |
Above 250,000 | 5 |
Contact us on 01903 742354 to discuss Stamp Duty payable on high-value leases with net present value above £5million as different rates will apply.
For up to date information please go to Gov UK stamp duty land tax.