Stamp duty is now charged at different rates depending on the portion of the purchase price that falls into each tax band. Prior to December 2014 it was simply a single percentage of the purchase price. 

Calculating SDLT Rates for residential properties

The stamp duty rates for residential properties are paid on the property price within each tax band. 

Purchase Price

Stamp duty rates paid on the part of the property

price within each tax band

0 – £125,000 Zero
£125,001 to £250,000 2% 
£250,001 to £925,000 5%
£925,001 to £1.5 million 10%
More than £1.5m 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.

For further practical assistance and to get an exact figure of how much you’ll need to pay for a specific property price use our handy stamp duty calculator. Simply enter the purchase price and it will calculate the exact figure required to be paid as Stamp Duty. 


Disclaimer: This is for information only and should not be relied upon unless confirmed by a customer with their conveyancer .