Stamp Duty




Stamp Duty

Stamp Duty is the tax you pay when you buy property. It is calculated as a percentage of the purchase price. It is payable upon completion of your purchase and organised through your solicitor.

First-time buyers

Since 25th March 2010 if you are a first-time buyer the threshold for when you start to pay Stamp duty is £250,000.

Purchase price of residential property Stamp duty Stamp duty
First time buyers
£0 - £125,000 0% 0%
£125,001 - £250,000 1% 0%
£250,001 - £500,000 3% 3%
£500,001 or more 4% 4%