The Mortgage Advice Bureau Website uses Cookies. For more information about how we use cookies please Read More.

How much stamp duty do I have to pay?

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. To find out more click here.

First Time Buyer

Your stamp duty as a first time buyer would be

0

Not a First Time Buyer

Home 1 stamp duty would be

0

Home 2 stamp duty would be

0

First Home (First Time Buyer)

Property Price Rate Tax Calculation
£0 - £300,000 0%
£300,000.01 - £925,000 5%
£925,000.01 - £1,500,000 10%
£1,500,000 + 12%

First Home

Property Price Rate Tax Calculation
£0 - £125,000 0%
£125,000.01 - £250,000 2%
£250,000.01 - £925,000 5%
£925,000.01 - £1,500,000 10%
£1,500,000 + 12%

Second Home

Property Price Rate Tax Calculation
£0 - £125,000 3%
£125,000.01 - £250,000 5%
£250,000.01 - £925,000 8%
£925,000.01 - £1,500,000 13%
£1,500,000.01 + 15%

Need more help? Speak to us on 0800 085 0118

Request a Callback

Contact us

Find a Mortgage

Search

Expert Advice

Discover more

How can we help?

How much can I borrow?

By entering a few simple details, we can help you work out how much you could borrow towards your new home.

Discover more

Mortgage repayment calculator

By entering some key details, we can help you calculate your monthly mortgage repayments. 

Discover more

Land and Buildings Transfer Tax

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. 

Discover more

First Time Buyer

By entering a few details, we can search for the right mortgage deal for you.

Find a mortgage

Remortgage

By entering a few details, we can search for the right mortgage deal for you.

Find a mortgage

Moving Home

By entering a few details, we can search for the right mortgage deal for you.

Find a mortgage

First time buyer

Buying your first home can be quite daunting. It’s likely to be the biggest financial commitment you’ll ever have, so you need to know that you’re making the right decision.

Discover more

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.

Need more help?

Contact us