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Stamp Duty Calculator

The Stamp Duty you have to pay depends on the property’s price and you have to pay Stamp Duty if you buy a property costing more than £125,000 (£40,000 for additional homes).

From July 8th 2020, the government announced that no stamp duty will be due, for purchases under £500,000. This is a temporary rise in the stamp duty threshold which applies only to main residences and will last until March 31st 2021.

First Time Buyer

Your stamp duty as a first time buyer would be

0

Your stamp duty from 1st April 2021 will be

0

Not a First Time Buyer

Home 1 stamp duty would be

0

Your stamp duty from 1st April 2021 will be

0

Home 2 stamp duty would be

0

Your stamp duty from 1st April 2021 will be

0

Please be aware, your results are only an estimate and should not be considered as a mortgage quote.

*Please note: For purchases under £500,000, these breakdown illustrations do not include current threshold reliefs.

First Home (First Time Buyer)

Property Price Rate Tax Calculation
£0 - £300,000 0%
£300,000.01 - £925,000 5%
£925,000.01 - £1,500,000 10%
£1,500,000 + 12%

Main Residence

Property Price Rate Tax Calculation
£0 - £125,000 0%
£125,000.01 - £250,000 2%
£0 - £500,000 5%
£925,000.01 - £1,500,000 10%
£1,500,000 + 12%

Second Home

Property Price Rate Tax Calculation
£0 - £125,000 3%
£125,000.01 - £250,000 5%
£250,000.01 - £925,000 8%
£925,000.01 - £1,500,000 13%
£1,500,000.01 + 15%

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