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UK Property Stamp Duty Calculator

Work out how much stamp duty you will pay buying or buying-to-let

Avard’s are happy to assist you in the process of buying a property. Use our handy calculator below:

 

No Stamp Duty For First Time Buyers Up To £300,000.

Calculate your stamp duty
£

Please enter a valid number

Calculate
Results
Stamp Duty To Pay £0.00
Effective Rate 0.0%
Tax Band
%
Taxable Sum
Tax to Pay
£0 - £125,000
0%
-
-
£125,000 - £250,000
2%
-
-
£250,000 - £925,000
5%
-
-
£925,000 - £1,500,000
10%
-
-
£1,500,000+
12%
-
-
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stamp duty calculater

What is stamp duty?

Stamp duty land tax (or Land and Buildings Transaction Tax in Scotland) is a lump-sum tax that anyone buying a property or land costing more than a set amount has to pay. The rate you’ll pay the tax at varies based on the price of the property and the type (we’ll focus on residential buildings, rather than commercial).

You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England, Wales and Northern Ireland and and pay the tax within 30 days of completion.

The current SDLT threshold is £125,000 for residential properties and £150,000 for non-residential land and properties.

You pay the tax when you:

  • buy a freehold property
  • buy a new or existing leasehold
  • buy a property through a shared ownership scheme
  • are transferred land or property in exchange for payment, eg you take on a mortgage or buy a share in a house

More information can be found here

Stamp Duty on Buy-to-let and second homes in 2016

As from April 2016 buyers of Buy-to-let and second homes will have to pay an additional 3% on each duty band.

Please get in touch and we can explain how the system works in each individual case.