Stamp Duty Land Tax

A lump-sum tax that anyone buying a property or land costing
more than a set amount has to pay

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Instant Stamp Duty Calculator


How much will I have to pay?

Use our calculator below and see a breakdown of your stamp duty on any property price.

Property is a buy to let or second home

You will pay

£ 0.00 in stamp duty

You pay no stamp duty on the first £125,000.00

Your effective stamp duty rate is


Stamp Duty Land Tax Rates


You have to pay Stamp Duty Land Tax (SDLT) if you buy a property in the UK over a certain price. This is charged on all purchases of houses, flats and other land and buildings.

Different rates apply in Scotland from 1 April 2015 when Land and Buildings Transaction Tax (LBTT) replaces SDLT.

The SDLT rate depends on:

  • The purchase price of the property
  • Whether the property is residential

SDLT may also be due if you lease a property.

SDLT rates from 01 April 2016

SDLT is charged at different rates depending on the portion of the purchase price that falls into each rate band.

The SDLT rates were increased on 1 April 2016 but these increases only apply to buy to let investments or second homes. Where contracts have been exchanged and the transaction is completed on or before 31 March 2016, the lower rates will apply.

Residential Property Breakdown

  Purchase Price Std Rate 2nd Home or BTL Rate
£0-£125,000.00 0% 3%
£125,001.00-£250,000.00 2% 5%
£250,001.00-£925,000.00 5% 8%
£925,001.00-£1.5million 10% 13%
Over £1.5million 12% 15%

Corporate Bodies

SDLT is charged at 15% on residential dwellings costing more than £500,000 bought by bodies like:

  • Companies
  • Collective investment schemes

There are some exceptions. For example, you pay SDLT based on the new rates and bands where the property is used for:

  • A property rental business
  • A property development or resale trade
  • Providing admission to visitors on a commercial basis

Residential leases

If your residential lease is for more than £125,000, you'll pay 1% SDLT on the amount above the £125,000 threshold