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Stamp Duty Calculator

Use our helpful calculator to get an idea of how much Stamp Duty Land Tax (SDLT) will cost on your new home.

Free Stamp Duty Land Tax Calculator Tool

Are you a UK resident looking to buy your first or next home? Unless you are buying under a certain value, you must pay Stamp Duty tax. To help you with budgeting, our handy calculator can give you an idea of how much Stamp Duty you will pay.

Please note that our Stamp Duty Land Tax (SDLT) calculator is designed to give an indicative guide only – it does not constitute tax advice. The Mortgage Pod is not authorised to give any tax or legal advice.

How to use the Stamp Duty calculator

Simply type in the value of the property, click on your status as a buyer and the Stamp Duty calculator will do the rest!

We take care to update the calculator with the latest rates, but be sure to check your exact Stamp Duty liability with a financial advisor.

Purchase Type
Purchase Price
Stamp Duty £0
Show Calculation
Tax Band % Taxable Amount Tax

How is Stamp Duty calculated?

When you buy residential property or land in England or Northern Ireland, you must pay Stamp Duty Land Tax if the property purchase price is over a certain price (currently £250,000 unless you are a first-time buyer).

The Stamp Duty rate you pay depends on:

  • the value of the property you are purchasing

  • whether you are a first-time buyer

  • if the property you are purchasing is your main residence or a second property

How is Stamp Duty calculated?

SDLT Rates 2023

Stamp Duty is a progressive tax, meaning that the amount you pay rises with the cost of the property price.

The following rates apply to buying a main residence in England and Northern Ireland**

  • Property purchases up to £250,000 (£425,000 for first-time buyers in England) – 0%

  • £250,001 – £925,000 – 5%

  • £925,001 – £1,500,000 – 10%

  • £1,500,001+ – 12%

Non-UK residents buying a residential property in England or Northern Ireland may be subject to an additional 2% on top of the existing Stamp Duty rates.

Different rates of Stamp Duty are due on non-residential property in the UK, please adjust the calculator settings accordingly.

Stamp Duty is payable on the portion of the property price that falls within the relevant band. For example, if the purchase price is £575,000, you only pay Stamp Duty on the amount over £250,001, i.e. £324,999.

If you are buying an additional property to your main residence, e.g. a second home, holiday home or buy-to-let rental property, you pay an additional 3% on the existing Stamp Duty rates.

First-time buyer Stamp Duty relief

First-time buyer Stamp Duty relief

First-time buyer? The great news is that you are exempt from Stamp Duty Land Tax on UK property costing £425,000 or less. For properties costing up to £625,000, you will pay 5% on the amount over £425,000. If you buy a property over £625,000, normal Stamp Duty rates apply.

There are other Stamp Duty exemptions, such as a company transferring property to another company and property purchases by a charity, for example.

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Now you understand your Stamp Duty liability, talk to us about a mortgage

Stamp Duty is just one cost involved in buying properties in the UK. To get a thorough understanding of what other costs are involved, it’s a wise move to speak to a mortgage adviser. Contact The Mortgage Pod today for mortgage advice based on your individual circumstances. We look forward to chatting to you.

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