This residential stamp duty calculator can be used to work out how much stamp duty is due on purchases of residential property. It calculates how much is owed on first home purchases, second home purchases and buy to let property.
Stamp Duty Land Tax (SDLT) Rates
Stamp Duty is applicable in England & Northern Ireland.
Scotland imposes a Land and Buildings Transactions Tax (LBTT) - scroll down for further information.
Wales: Land Transaction Tax (LTT) now replaces UK Stamp Duty Land Tax (SDLT) in Wales.
Stamp duty on residential property is calculated on a progressive sliding scale, with the tax being determined by reference to the SDLT rate for each relevant band - or "slice" - of chargeable consideration:
| Property price | SDLT Rate |
| Up to £125,000 | 0% |
| £125,000.01 - £250,000 | 2% |
| £250,000.01 - £925,000 | 5% |
| £925,000.01 - £1,500,000 | 10% |
| £1,500,000.01+ | 12% |
Example:
On a property priced at £200,000, stamp duty would be payable on:
2% of £75,000 (the amount above £125,000) = £1,500
Total: £1,500
3% SDLT Surcharge on Buy to Let and Second Home Purchases
With effect from 1st April 2016, a surcharge of 3% of the total purchase price will apply on purchases of additional residential properties, such as buy to let properties and second homes.
Example:
On a buy to let (or second home) property priced at £200,000 stamp duty would be payable on:
£75,000 (the amount above £125,000) = £1,500
Plus 3% of £200,000 = £6,000
Total = £7,500
Stamp Duty relief for first-time buyers
With immediate effect, first-time time buyers will pay no stamp duty on properties costing up to £300k. Discounts are applied on properties costing over £300k up to £500k. Should a property cost more than £500k, the entire discount is lost. More information >
Land & Buildings Transaction Tax (LBTT) Rates
Applicable in Scotland since it replaced the UK stamp duty on 1st April 2015.
LBTT is a tax applied to residential and commercial land and buildings transactions (including commercial purchases and commercial leases) where a chargeable interest is acquired.
The structure of LBTT is designed so that the charge is more proportionate to the actual price of the property. Like Stamp Duty, the percentage rate for each band in LBTT is applied only to the part of the price over the relevant threshold and up to the next threshold.
For residential transactions the rates are:
| Purchase price | LBTT Rate |
| Up to £145k | 0% |
| Above £145k to £250k | 2% |
| Above £250k to £325k | 5% |
| Above £325k to £750k | 10% |
| Over £750k | 12% |
For non-residential transactions the rates are:
| Purchase price | LBTT Rate |
| Up to £150k | 0% |
| Above £150k to £350k | 3% |
| Above £350k | 4.5% |
3% LBTT Surcharge on Buy to Let and Second Home Purchases
Like Stamp Duty, from 1st April a 3% surcharge on top of the existing LBTT rate will apply to those purchasing additional homes (second homes and buy to let properties) for £40,000 or more.
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