Home
Best Buys
Mortgages
Specialist Lending
Related Costs
HIP Reports
Protection
Equity Release
Commercial Lending
Legal Quote
Recommended Links
Contact Us
 
 

 

Stamp Duty Land Tax is a tax paid to the Government when you purchase a property and is applied on a sliding scale % basis of the value of the property. If the price is £125,000 or less you don’t pay Stamp Duty at all. If it’s more than £125,000, you pay between one and four per cent of the whole purchase price. The fee scale is as follows;

Residential property
purchase price
Rate of Stamp
Duty Land tax
Up to £125,000
0%
£125,001 - £250,000
1%
£250,001 - £500,000 3%
£500,001 or more 4%