Capital Fortune is a national and
award winning mortgage, buy-to-let
and insurance broker.

Call today to speak to an expert

020 77 100 400

REQUEST A CALLBACK
Image

Stamp Duty Land Tax Calculator

Stamp duty land tax is payable by anyone purchasing a property in the UK. How it is charged has been tinkered with and changed repeatedly over the past 20 years but currently it is charged on a progressive basis, much in the way that income tax is charged.

This means you pay no tax on property purchases up to £125,000 and 2 per cent on the amount between £125,001 and £250,000. As the property value increases, more stamp duty becomes payable. For exact and up to date rates of stamp duty on UK residential property, click here.

There are various exemptions and surcharges depending on the type of buyer you are.

First-time buyers who have never owned a major share in a residential property anywhere in the world are now entitled to pay no stamp duty on properties worth up to £300,000. This tax-free exemption also applies to first-time buyers who purchase a property worth up to £500,000 although they will pay stamp duty on the proportion between £300,000 and £500,000.

Landlords and those purchasing a second home must pay stamp duty at the normal rates plus a 3 per cent surcharge at each band rate. This can mean very hefty stamp duty bills payable in cash to HMRC on the day you complete your property purchase, so it’s important to factor these costs into your financing and plans.

To work out how much stamp duty you will have to pay, fill in the calculator.

Stamp Duty Land Tax Calculator
As Featured
Awards from
Read all 1278 reviewsOur customers have
rated our service
An organisation who helps to realise your dreams!
The remarkable online feedback for Capital Fortune depicts strong story which otherwise is hard to believe ...Read More
Amit Parab - Purchase

What Our Customers Say

Full marks for determination.
The team has persevered as my application became more and more complicated - over a very difficult year for me, they never gave up and despite all the difficulties we encountered along the way, found an offer for me. ...Read More
Customer - Buy to Let Remortgage
15 days ago

Don’t bother looking elsewhere!!! These guys are the best!
Would recommend 10/10 service - James Drury and Stephen Marsh were always available for queries during the whole process. Always returned calls and emails very promptly which is very reassuring during such a stressful time of trying to secure a mortgage. ...Read More
Saira Rahman - Purchase
16 days ago

Fantastic way to go through the process of buying a property
Very professional and always available to give feedback and keep me updated on the different steps of the mortgage application. James & Stephen were great to work with. ...Read More
Ioannes Romer Riera - Purchase
17 days ago

Image

Get Guaranteed Lowest Rate Mortgages

Award-winning
Mortgage Advisers

Fast Decisions

National Coverage

Holistic Approach

Comprehensive Panel

Direct Access to Underwriters

No Obligation Quote

Send an Enquiry

Did you know we also offer these services?

No Sale, No Fee, Fixed Price

Low Cost, National Coverage

Instant Online Quotes