Stamp Duty calculator
The amount of Land Transaction Tax (LTT) you pay depends on:
- when you bought the property
- whether it’s residential or not
- how much you paid for it
The ‘effective date’ is usually the day you completed the purchase of the property.
Main residential tax rates
When you buy a residential property (freehold or leasehold) the following rates will apply to the portion of the price you pay in each band.
Transactions with an effective date on or after 1 July 2021:
Price threshold |
LTT rate |
The portion up to and including £180,000 |
0% |
The portion over £180,000 up to and including £250,000 |
3.5% |
The portion over £250,000 up to and including £400,000 |
5% |
The portion over £400,000 up to and including £750,000 |
7.5% |
The portion over £750,000 up to and including £1,500,000 |
10% |
The portion over £1,500,000 |
12% |
Because we play by the book we want to tell you that…
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1%, but a typical fee is 0.3% of the amount borrowed.