Buy-to-let stamp duty calculator
*Note: the stamp duty calculator below uses the rates that applied before the Welsh government increased its surcharge on investment properties and second homes from 3% to 4% on 22 December 2020. The calculator will be updated with the new rates as soon as possible. Find out more in our guide to LTT in Wales*
If you’re buying a property and intend to let it out or use it as a second/holiday home, you will have to pay a different rate of stamp duty from other buyers. The buy-to-let stamp duty calculator below lets you work out exactly how much tax you'll have to pay.
If you’re a first-time buyer, you won’t be able to take advantage of the usual first-time buyer stamp duty rates, as they only apply if you are intending to live in the property most or all of the time. Instead, you’ll pay home mover rates.
If you've ever bought a property before, regardless of whether it's been for yourself to live in or as a buy-to-let investment, you’ll have to pay buy-to-let stamp duty rates.
In England and Northern Ireland, these work out at 3% extra on each tier of the tax compared to home mover rates.
In Scotland and Wales, the surcharge is 4%.
Stamp duty surcharge for overseas buyers
From 1 April 2021, overseas-based buyers of residential properties in England and Northern Ireland will need to pay a surcharge of 2% on top of the normal rates.
The 3% buy-to-let surcharge applies on top of this - so overseas purchasers buying an investment property will need to pay stamp duty at 5% more than the standard rates for UK home movers.
You can find out more in the following guides:
- Buy-to-let stamp duty rates (England and Northern Ireland)
- Welsh stamp duty (Land Transaction Tax)
- Scottish stamp duty (Land and Buildings Transaction Tax)
For more advice on becoming a landlord and managing your properties, check out our buy-to-let property advice guides.