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.
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.
Property Value:
First Time Buyer
Your stamp duty as a first time buyer would be
Not a First Time Buyer
Home 1 stamp duty would be
Home 2 stamp duty would be
Please be aware, your results are only an estimate and should not be considered as a mortgage quote.
First Home (First Time Buyer)
| Property Price | Rate | Tax Calculation |
|---|---|---|
| £0 - £300,000 | 0% | £0.00 |
| £300,000.01 - £925,000 | 5% | £0.00 |
| £925,000.01 - £1,500,000 | 10% | £0.00 |
| £1,500,000 + | 12% | £0.00 |
First Home
| Property Price | Rate | Tax Calculation |
|---|---|---|
| £0 - £125,000 | 0% | £0.00 |
| £125,000.01 - £250,000 | 2% | £0.00 |
| £250,000.01 - £925,000 | 5% | £0.00 |
| £925,000.01 - £1,500,000 | 10% | £0.00 |
| £1,500,000 + | 12% | £0.00 |
Second Home
| Property Price | Rate | Tax Calculation |
|---|---|---|
| £0 - £125,000 | 3% | £18.00 |
| £125,000.01 - £250,000 | 5% | £0.00 |
| £250,000.01 - £925,000 | 8% | £0.00 |
| £925,000.01 - £1,500,000 | 13% | £0.00 |
| £1,500,000.01 + | 15% | £0.00 |