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Stamp Duty calculator

Ocean estate agents

How much Stamp Duty?

Find out what you'll have to pay in seconds, with our handy calculator

Stamp Duty is a tax payable on all UK property purchases over £500,000.

It's a bit fiddly because the amount you have to pay increases in line with the price of the property you're buying after this. And to complicate matters further, you'll be charged different (higher) rates if it's a second home or buy-to-let.

Correction: it would be a bit fiddly and complicated, if you didn't have Ocean's handy calculator to help you. Luckily, you do:

 


The official bit...

Stamp duty land tax (or Land and Buildings Transaction Tax in Scotland) is a lump-sum tax that anyone buying a property or land costing more than a set amount has to pay. The tax payable varies based on the price of the property and the type.

You must pay stamp duty to the HMRC 30 days from the date of completion or you may risk a fine. Your solicitor or legal adviser should handle this for you to ensure you don't miss the deadline. Some buyers prefer to add on the SDLT amount to their mortgage loan. Please speak to your mortgage provider.

This calculator applies to residential transactions only. If all, or part, of your transaction is commercial, agricultural or non-residential then the rates will differ.

The Stamp Duty Indicator also presumes that none (or part) of the property qualifies as mixed-use. You pay SDLT on increasing portions of the property price when you pay £150,000 or more for non-residential or mixed use land or property. You must still send an SDLT return for most transactions under £150,000. Please consult your solicitor or tax consultant for further advice.

Please note, you cannot use the tool for residential properties with a chargeable consideration. Please consult your solicitor or tax consultant for further advice.

What kind of buyer are you?


The official bit...

Stamp duty land tax (or Land and Buildings Transaction Tax in Scotland) is a lump-sum tax that anyone buying a property or land costing more than a set amount has to pay. The tax payable varies based on the price of the property and the type.

You must pay stamp duty to the HMRC 30 days from the date of completion or you may risk a fine. Your solicitor or legal adviser should handle this for you to ensure you don't miss the deadline. Some buyers prefer to add on the SDLT amount to their mortgage loan. Please speak to your mortgage provider.

This calculator applies to residential transactions only. If all, or part, of your transaction is commercial, agricultural or non-residential then the rates will differ.

The Stamp Duty Indicator also presumes that none (or part) of the property qualifies as mixed-use. You pay SDLT on increasing portions of the property price when you pay £150,000 or more for non-residential or mixed use land or property. You must still send an SDLT return for most transactions under £150,000. Please consult your solicitor or tax consultant for further advice.

Please note, you cannot use the tool for residential properties with a chargeable consideration. Please consult your solicitor or tax consultant for further advice.

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