Stamp duty is a lump-sum tax that has to be paid by anyone purchasing a property over a certain value. The rate a buyer needs to pay varies depending on the price of the property. In December 2014, the Chancellor's Autumn Statement announced significant changes to the amount property buyers would need to pay when making their purchase. To calculate what you will now pay, please use our helpful stamp duty calculator below:

Enter the purchase price here: £

old rate
new rate

Stamp Duty Rates

Property purchase price Stamp duty rate
£0 - £125,000 0%
£125,001 - £250,000 2%
£250,001 - £925,000 5%
£925,001 - £1,500,000 10%
£1,500,001 and over 12%

Stamp Duty rates only apply to the portion of the property price in each tax band and not the full purchase amount as it did prior to December 4, 2014. This means that someone buying a house for £250,001 will now pay nothing on the first £125,000, then 2 per cent on the next £125,000, and 5 per cent on the £1.