Stamp Duty Calculator

On the 4th December, the government introduced changes to how stamp duty is charged on residential property.

Instead of a set percentage dependent upon the total price paid for a property, it will be charged at different rates depending on the portion of the purchase price that falls within each rate band.

Calculate Your Stamp Duty

Use this online stamp duty calculator to work out exactly how much you will have to pay

  • Purchase price of property
  • Rate of Stamp Duty
  • Up to £125,000
  • Zero
  • Over £125,000 up to £250,000
  • 2%
  • Over £250,000 up to £925,000
  • 5%
  • Over £925,000 up to £1.5 million
  • 10%
  • Over £1.5 million
  • 12%

Example

If you are purchasing a property for £550,000, under the previous rules you would have paid £22,000 in Stamp Duty as the entire price would be charged at 5%.

Now you will pay £17,500 ... A saving of £4,500.

  • This is calculated as follows:
  • First £125,000 @ 0% rate
  • £125,000 @ 0%
  • You pay £0
  • Between £125,000 and £250,000
  • £125,000 @ 2%
  • You pay £2,500
  • Between £250,000 and £925,000 @ 5% rate
  • £300,000 @ 5%
  • You pay £15,000
  • Over £250,000 up to £925,000
  • 5%
  • £550,000 Price Paid
  • Total: £17,500