Guidance

Stamp Duty: rates on land transfers before December 2003

Rates of Stamp Duty on land transfers before December 2003

Information about the rates for Stamp Duty (SD) on land transfers from March 2000. For transfers after December 2003, see our guide on Stamp Duty Land Tax.

Freehold property

The rates below are based on the certificate of value in the transfer document.

SD rates:freehold conveyances and transfers - 28 Mar 2000 to 30 Nov 2003

Certified transfer value Rate
£60,000 nil
£250,000 1%
£500,000 3%
Uncertified 4%

For rates before 2000, see the Stamp Taxes Manual appendix C pages 324-34.

For conveyances and transfers from 1 December 2003 SDLT applies, see the rates and allowances for SDLT.

Leasehold property: average rent of lease

The rates in the table below are based on the average rent of the lease.

Stamp Duty rates: leasehold - average rent

Term of lease Rate
7 years or less - annual rent £5000 or less nil
7 years or less - annual rent more than £5000 1%
7 - 35 years 2%
35 - 100 years 12%
Over 100 years 24%

For rates before 2000, see the Stamp Taxes Manual appendix C pages 324-34.

For conveyances and transfers from 1 December 2003 SDLT applies, see the rates and allowances for SDLT.

Leasehold property: lease premium

The rates below are based on the certified value in the transfer document.

Stamp Duty rates: leasehold - on lease premium

Certified value Rate Rate
£60,000 annual rent £600 or less nil
£250,000 1%
£500,000 3%
More than £500,000 4%

For rates before 2000, see the Stamp Taxes Manual appendix C pages 324-34.

For conveyances and transfers from 1 December 2003 SDLT applies, see the rates and allowances for SDLT.

Published 5 September 2013