Property Stamp Duty Calculator (England & Wales)

The rate of stamp duty is dependent on the value of a property and is payable by the purchaser when a house is sold.

How much stamp duty you will pay is dependent on your circumstances. See below.

Stamp Duty

Stamp duty rates in England for people with only one property have not changed since December 2014. However, From April 2016, the Stamp Duty Land Tax (SDLT) payable on the purchase of any second home or Buy to Let properties was increased by 3%. There may be some exclusions to the increase but we recommend you speak to your solicitor or call us for further clarification.

Stamp duty rates are based on the banding and is a ‘graduated tax’ so a first time buyer would pay no stamp duty on the first £125,000 and then the relevant percentage based on the purchase price.

The calculation is the same for someone buying a second property but there is no 0% band. Please see the tables and example calculations below:

Property Value Current Stamp Duty Rate New Rate for BTL and 2nd Properties
Up to £250,000 0% 3%
£125,001 - £250,000 2% 5%
£250,001 - £925,000 5% 8%
£925,001 - £1,500,000 10% 13%
£1,500,000 + 12% 15%

About Us

Impartial Mortgage & Protection is an Independent Mortgage Broker and Insurance Brokerage.

Head Office

Top Floor, 5 London Road,
Southampton, Hampshire,
SO15 2AE

02380 221700

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Wills & trusts, conveyancing services, and most forms of buy-to-let mortgages are not regulated by the Financial Conduct Authority.
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Impartial Mortgage & Protection Ltd is an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority. Impartial Mortgage & Protection Ltd. Registered office:Top Floor, 5 London Road, Southampton, Hampshire, SO15 2AE This website and its content is copyright of Impartial - © Impartial 2016. All rights reserved. Company registration number 09648996

The guidance contained in this website is subject to the UK regulatory regime and is therefore targeted at consumers based within the UK.

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