Stamp Duty Calculator

How much stamp duty do I have to pay?

Stamp Duty Land Tax, or Land and Buildings Transaction Tax (LBTT) in Scotland, is a fee you will have to pay if the property you’re purchasing is £125,001 or over.

Calculate the Stamp Duty on your residential property purchase in England or Northern Ireland.

The amount you will have to pay will vary depending on the price of your property. Use our simple stamp duty calculator so that you can factor this into your budget when considering your affordability.

From 22 November 2017 first time buyers paying £300,000 or less for a residential property will pay no Stamp Duty. First time buyers paying between £300,000 and £500,000 will pay stamp duty at 5% on the amount of the purchase price. To find out more click here.

If you’re a first-time buyer, you’ll be able to benefit from some stamp duty relief on properties up to the value of £500,000.

If you buy a home up to the value of £300,000, you won’t have to pay any stamp duty at all.

If your property costs between £300,000 and £500,000, you won’t have to pay anything on the first £300,000, but you’ll have to pay a rate of 5% for the remaining portion.

For example, on a property that costs £450,000, your stamp duty would be:

The first £300,000 x 0% = 0%
The remaining £150,000 x 5% = £7,500

Total stamp duty = £7,500

To be eligible to receive this discount, you’ll need to meet the following criteria:

All parties involved in purchasing the property must be first-time buyers
Your property can’t exceed a value of £500,00

If you’re a first-time buyer and the property you’re buying is over £500,000, you’ll be required to follow the standard rate bands.

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