Stamp Duty

Below you will find a quick reminder of the Stamp Duty tiers for (a) your main home and (b) additional properties.  You also need to account for the cost of legal fees by a solicitor or licensed conveyor that on average cost between £850-£1,500 including VAT at 20% plus local searches that cost approximately £250-300.

       Purchase price of property

    Rate of Stamp Duty

Buy to Let/

Additional Home

£0 – £125,000 0% 3%
£125,001 – £250,000 2% 5%
£250,001 – £925,000 5% 8%
£925,001 – £1,500,000 10% 13%

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