Get In Touch

Stamp Duty Calculator

Stamp Duty Calculator

Stamp Duty Calculator

Stamp Duty: £0
  • Purchase Price: The total price of the property.
  • Buyer Type: First-time buyer, home mover, or additional property buyer.
  • Non-UK Residency: Includes surcharges applicable for non-UK residents.
  • Timing: Calculates SDLT for purchases pre-April 2025 and post-April 2025.
  • Pre-April 2025 Rules: Non-UK residents purchasing residential properties pay an additional 2% surcharge on SDLT.
  • Post-April 2025 Rules: Changes include revised thresholds or surcharges for non-UK residents, ensuring SDLT reflects updated market conditions.

Residential Properties

  • Until 31 March 2025:
  • 0%: Up to £250,000
  • 5%: £250,001 to £925,000
  • 10%: £925,001 to £1.5 million
  • 12%: Over £1.5 million
  • From 1 April 2025:
  • 0%: Up to £125,000
  • 5%: £250,001 to £925,000
  • 10%: £925,001 to £1.5 million
  • 12%: Over £1.5 million

First-Time Buyers

  • Until 31 March 2025:
  • 0%: Up to £425,000 for properties priced up to £625,000
  • 5%: £425,001 to £625,000
  • No relief for properties over £625,000
  • From 1 April 2025:
  • 0%: Up to £300,000 for properties priced up to £500,000
  • 5%: £300,001 to £500,000
  • No relief for properties over £500,000
  • Additional Properties
  • The surcharge for second homes or buy-to-let properties has increased to 5% from 31 October 2024. This applies on top of standard SDLT rates.
  • Non-UK Residents
  • Purchases by non-UK residents incur an extra 2% surcharge on top of standard rates.
  • 1. Enter the Property Price: Provide the purchase price of the property.
  • 2. Select Buyer Type: Choose if you’re a first-time buyer, home mover, or additional property buyer.
  • 3. Non-UK Resident Status: Indicate if you’re a non-UK resident to include the surcharge.
  • 4. Set Timing: Specify whether the purchase is pre-April 2025 or post-April 2025 to ensure accurate calculations.
  • The calculator will display:
  • Stamp Duty Payable: The total SDLT amount based on your inputs.
  • Breakdown by Band: A detailed explanation of how your SDLT is distributed across the applicable bands.
  • 1: First-Time Buyer
  • Purchase Price: £300,000
  • 0% SDLT on the first £425,000 (first-time buyer relief).
  • Total SDLT Payable: £0
  • 2: Additional Property Buyer
  • Purchase Price: £400,000
  • 0% SDLT on the first £250,000.
  • 5% SDLT on £150,000 = £7,500.
  • 5% Surcharge on £400,000 = £20,000.
  • Total SDLT Payable: £27,500
  • 3: Non-UK Resident Buyer (Pre-April 2025)
  • Purchase Price: £500,000
  • 2% Surcharge on £500,000 = £10,000.
  • Standard SDLT: £15,000.
  • Total SDLT Payable: £25,000
  • 1. Plan Your Finances: Understand the exact SDLT you’ll pay before committing to a property purchase.
  • 2. Save Time: Avoid the complexity of manual calculations and get accurate results instantly.
  • 3. Stay Updated: The calculator is regularly updated to reflect changes in SDLT rules, including post-April 2025 adjustments.
Disclaimer
Auction Finance provides mortgage advice only and is not authorised to offer tax advice. Please consult a qualified tax advisor for guidance specific to your SDLT liability.