Stamp Duty Land Tax is the tax that the government charges when you purchase a residential property. You can find how much Stamp Duty you will need to pay on your purchase by using our stamp duty calculator.
With effect from 22nd November 2017, there are new Stamp Duty rates for first time buyers as follows:
• £0 - £300,000 = 0%
• >£300,000 - £500,000 = 5%
• If the property value exceeds £500,000 then the standard Stamp Duty rates will apply.