Stamp duty information when buying property

Stamp Duty Land Tax (SDLT) must be paid if you are buying land or a property over  a fixed amount.  

You must pay this tax when you buy a freehold property, a new or existing leasehold, a property through a shared ownership scheme or are transferred land or property in exchange for payment (for example you take on a mortgage or buy a share in a house).

If you are buying a property as a buy-to-let investment, the Stamp Duty you will pay is 3% on top of the usual SDLT rate.

How much will you pay?


Stamp Duty

From 1st July the threshold will be set at £250,000 until 30th September 2021 and then from 1st October 2021, the threshold will revert back to £125,000.