Calculate the Stamp Duty on your residential property.
Stamp duty for most first time buyers has been permanently abolished. A permanent change to the initial stamp duty threshold for first time buyers means that anyone buying their first home won’t be liable for stamp duty if the purchase price is below £300,000.
Further relief is available for purchases up to £500,000 to help first time buyers in more expensive locations such as London.
Stamp duty rates have increased for anyone purchasing an additional property. From April 2016 a 3% surcharge has been applied on top of the normal SDLT rate. This means buy to let purchases now attract higher levels of SDLT unless individual ownership is limited to a single property.
Land and Buildings Transaction Tax (LBTT) has replaced stamp duty in Scotland. LBTT calculations attract a 3% surcharge for second homes. Please use our separate LBTT calculator for figures relating to purchases in Scotland.
From April 2018 Land Transaction Tax (LTT) has replaced stamp duty in Wales. LTT rates are 3% higher for additional property. Please use our LTT calculator for property purchases in Wales.