Property Stamp Duty Calculator (England and Northern Ireland)The rate of stamp duty is dependent on the value of a property and is payable by the purchaser when a house is bought. How much stamp duty you will pay is dependent on your circumstances. In England and Northern Ireland, no stamp duty is due on the first £250,000 of a property (provided it's your main residence, this excludes additional properties). The initial nil rate threshold for first time buyers is £425,000. The nil rate threshold does not apply if the property being purchased costs more than £625,000 – if it does, the normal rate of stamp duty applies. For further information you can check the Government website Gov.UK Here are the stamp duty rates: Property Value | Current Stamp Duty Rate | Rate For Additional Properties | Up to £250,000 £425,000 for first-time buyers) | 0% | 3% | £250,001 – £925,000 | 5% | 8% | £925,001 – £1,500,000 | 10% | 13% | £1,500,001 + | 12% | 15% | | | |
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