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Stamp Duty Calculator

This calculator is only intended to provide a guide and advice should be sought before making any financial decisions.

Stamp Duty (£):  

Stamp Duty Rates

Band Normal Rate Additional Property
Less than £125k 0% 3%*
£125k to £250k 2% 5%
£250k to £925k 5% 8%
£925k to £1.5m 10% 13%
rest over 1.5 m 12% 15%
*For additional property the first £40k will attracted 0% tax.
From £40k to £125k the rate will be 3% on full purchase price.

For a single property purchase, no SDLT will be paid on the first £125,000. Between £125,000 and £250,000 buyers will pay 2% within this band, 5% on the portion between £250,000 and £925,000, 10% within the next band up to £1.5 million and 12% over that.

For additional property, such as buy to let or second homes, there is now a 5% surcharge applied to all bands.

Higher rate for corporate bodies

SDLT is charged at 15 per cent on interests in residential dwellings costing more than £500,000 purchased by certain non-natural persons. This broadly includes bodies corporate, for example companies, collective investment schemes and all partnerships with one or more members who are either a body corporate or a collective investment scheme. There are exclusions for companies acting in their capacity as trustees for a settlement and property developers who meet certain conditions.
If you exchanged contracts before the higher rate charge came into force on 21 March 2012, the 5 per cent rate will apply. This only applies where the contract is unconditional and unaltered on or after 21 March 2012.

Properties bought in a disadvantaged area

If the property is in an area designated by the government as 'disadvantaged' a higher threshold of £150,000 applies for residential properties.


Ward Williams has a number of financial calculators which may be of interest to you.