You have to pay Stamp Duty Land Tax (SDLT) if you buy a property in the UK over a certain price. This is charged on all purchases of houses, flats and other land and buildings.

The SDLT rate depends on:

  • the purchase price of the property
  • whether the property is residential

SDLT may also be due if you lease a property - see below.

Residential properties

Purchase price of property Rate of SDLT (percentage of the total purchase price)
£0 - £125,000 0%
£125,001 - £250,000 1%
£250,001 - £500,000 3%
£500,001 - £1 million 4%
Over £1 million - £2 million 5%
Over £2 million 7%
Over £2 million bought by corporate bodies 15%

Corporate bodies

SDLT is charged at 15% on residential dwellings costing more than £2 million bought by bodies like:

  • companies
  • collective investment schemes

There are some exceptions. You’ll only need to pay 7% if you meet certain criteria. For example, where the property is used for:

  • a property rental business
  • a property development or resale trade
  • providing admission to visitors on a commercial basis

Residential leases

If your residential lease is for more than £125,000, you’ll pay 1% SDLT on the amount above the £125,000 threshold.

Non-residential and mixed-use properties

Purchase price/lease premium or transfer value Rate of SDLT (percentage of the total purchase price)
Up to £150,000 - annual rent is less than £1,000 Zero
Up to £150,000 - annual rent is £1,000 or more 1%
Over £150,000 to £250,000 1%
Over £250,000 to £500,000 3%
Over £500,000 4%

HM Revenue and Customs (HMRC) has SDLT calculators you can use to work out how much to pay.

Help us improve GOV.UK

Please don't include any personal or financial information, for example your National Insurance or credit card numbers.