Stamp Duty Land Tax Rates

Stamp Duty is the tax charged by the Government when you buy a home. Following the Government announcement in England no Stamp Duty is payable on homes up to £500,000.

How much will I have to pay?

Stamp Duty is charged at different rates depending on the purchase price and how much falls into each tax band.

For homes over £500,000 there is no Stamp Duty to pay on the first £500,000, then the following rates apply:

Purchase Price

Stamp Duty %

£0 to £500,000

0% (Zero)

£500,001 to £925,000

5% 

£925,001 to £1,500,000

10%

Over £1,500,000

12%

You’ll find a full breakdown of exactly what it means for you when buying a new home by visiting our Stamp Duty guide.