Stamp Duty Calculator
Since the April 2016 budget changes an additional 3% has been added for people purchasing a second property or BTL property. This means buy to let purchases now attract higher levels of Stamp Duty Land Tax (SDLT) unless individual ownership is limited to a single property.
Get started by selecting either First Home or Second Home / BTL property. Then adjust the slider below to choose the value of your home.
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First Home
Multiple Homes / BTL
First Home Property Value
Adjust the slider to see the savingsYour Stamp Duty Bill
£0
How does this work?
Under the new rules you’ll pay tax on each band and not on a single amount, so it works very much like income tax.
The new rates of stamp duty are:
| Band | Residential SDLT rates | Additional property SDLT rates |
|---|---|---|
| £0 - £500k | 0% | 3% |
| £500k - £925k | 5% | 8% |
| £925k - £1.5m | 10% | 13% |
| £1.5m + | 12% | 15% |