Stamp Duty
Land Tax

You are required to pay Stamp Duty Land Tax (SDLT) if you purchase a property over the SDLT threshold in England and Northern Ireland. That threshold is currently £125,000 for residential properties and £150,000 for non-residential land and properties.

The tax is different if the property or land is in Scotland or Wales, for further information visit https://www.gov.uk/stamp-duty-land-tax

SDLT is payable on purchases of freehold property, leasehold property and any property purchased via a shared ownership scheme.

The current SDLT rates for purchases of residential property are as follows:

Property or lease premium or transfer value	SDLT Rate
Up to £125,000	Zero
The next £125,000 (the portion from £125,001 to £250,000)	2%
The next £675,000 (the portion from £250,001 to £925,000)	5%
The next £575,000 (the portion from £925,001 to £1.5 million)	10%
The remaining amount (the portion above £1.5 million)	12%

If you purchases investment properties in addition to your main home you will pay a Stamp Duty Land Tax surcharge of 3%

The current SDLT rates for purchases of non-residential property are as follows:

Property or lease premium or transfer value	SDLT Rate
Up to £150,000	Zero
The next £150,000 (the portion from £150,001 to £250,000)	2%
The remaining amount (the portion above £250,000)	5%