Stamp duty calculator

If you’re buying a property in the UK, you will likely need to pay some form of Stamp Duty. You can calculate how much Stamp Duty you’ll have to pay here, using our calculator.

Stamp Duty Holiday 2021

As of 3rd March 2021, the Chancellor announced an extension to the Stamp Duty holiday for all properties in England and Northern Ireland up to the value of £500,000 – this will continue to be the case for all properties purchased by 30th June 2021. After that, the exemption value will reduce to £250,000 until the 30th September 2021. For second homes or Buy to Let properties there will be a discount, where only 3% Stamp Duty is payable up to the first £500,000. Above that, the usual percentage applies.

In Wales, the higher threshold has been extended and will remain at £250,000 until 30th June 2021.

In Scotland, the raised threshold for paying Land and Buildings Transaction Tax has not been extended – it will end on 31st March 2021. ,

What is Stamp Duty?

Stamp Duty is a tax paid to government when buying a new home. If you are in Scotland, it will be Land and Buildings Transaction Tax (LBTT) and in Wales it will be Land Transaction Tax (LTT). If you are in England or Northern Ireland, it will be called Stamp Duty. Stamp Duty is calculated based on the value of the property you’re buying.

Stamp Duty Calculator

  1. Which part of the UK is the property?

  2. Are you a first time buyer?

  3. Will this be an additional home or a buy-to-let property?

  4. £ .00

How do I calculate my Stamp Duty payment?

Use our Stamp Duty Calculator to work out how much Stamp Duty you’ll need to pay. We take into account the region you’re buying in, the price of your property, and whether you’re a first time buyer, or if this is a second home. You’ll instantly be given a breakdown of how much Stamp Duty you’ll pay.

Buy to Let and Second Home Stamp Duty Calculation

If you’re buying a second home, or a home to let out to others, you will pay a higher rate of Stamp Duty. Our calculator can work this out for you. If you are buying your next home first, but intend to sell your current home in the future (within 3 years), you will pay a higher rate of Stamp Duty now, but can reclaim the difference when you sell your home.

When do I pay Stamp Duty?

Stamp Duty needs to be paid within 14 days of completion on your new home. It is likely that your conveyancing solicitor or licensed conveyancer will be responsible for transferring your payment to the appropriate body (HMRC, etc). You will probably be required to pay this amount when you pay your conveyancing fees.