Stamp Duty (SDLT) Explained
What is stamp duty (SDLT)?
Stamp duty is a tax that you have to pay when buying property in England or Northern Ireland.
How much stamp duty will you have to pay when buying a residential property?
Stamp duty is tiered, meaning that you pay different rates on different portions of the property price. You’ll also pay different rates depending on whether you’re a first-time buyer, home mover or buying a buy-to-let, second or holiday home.
The Government’s Stamp Duty Land Tax SDLT calculator can be used for property purchases that are:
- for first-time buyers
- replacing main residence
- additional property
- residential or non-residential
- freehold or leasehold
- for non-UK residents purchasing residential property
The calculator will work out the SDLT payable for most transactions. You should check the Government guidance if:
- you are uncertain about how SDLT applies to your purchase
- if you believe it may qualify for a relief
- for further general information and guidance
More help and guides
We have lots of conveyancing help and guides on our website to assist our clients better understand the conveyancing process including: