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*
COVID-19: stamp duty rates until 31 March
Stamp duty thresholds across the UK have been temporarily increased, as the government seeks to reignite the property market in the wake of the COVID-19 outbreak.
England and Northern Ireland
Until 31 March 2021, homebuyers won't need to pay any stamp duty on the first £500,000.
The temporary rates for people buying main residences in England and NI between now and the end of March 2021 are shown in the table below.
If you're purchasing a buy-to-let property or second home, you'll pay 3% extra on each band.
| Portion of property price | Stamp duty rate |
|---|---|
| £0-£500,000 | 0% |
| £500,001-£925,000 | 5% |
| £925,001-£1.5m | 10% |
| £1.5m+ | 12% |
Scotland
Until 31 March 2021, homebuyers won't need to pay Land and Buildings Transaction Tax on the first £250,000.
The temporary rates for people buying homes in Scotland up to 31 March 2021 are shown below.
If you're purchasing a buy-to-let property or second home, you'll pay 4% extra on each band.
| Portion of property price | LBTT rate |
|---|---|
| £0-£250,000 | 0% |
| £250,001-£325,000 | 5% |
| £325,001-£750,000 | 10% |
| £750,001+ | 12% |
Wales
Between 27 July 2020 and 31 March 2021, homebuyers won't need to pay Land Transaction Tax on the first £250,000.
The temporary rates for people buying main homes in Wales between these dates are shown below.
The changes do not apply to people purchasing buy-to-let properties or second homes, who will continue to pay the current buy-to-let rates.
| Portion of property price | LTT rate |
|---|---|
| £0-£250,000 | 0% |
| £250,001-£400,000 | 5% |
| £400,001-£750,000 | 7.5% |
| £750,001-£1.5m | 10% |
| £1.5m | 12% |
Stamp duty is the tax you’re required to pay whenever you buy a property.
How much you pay depends on the property’s value, what it’s going to be used for, and where in the UK the property is.
While England and Northern Ireland charge Stamp Duty Land Tax, in Wales it’s Land Transaction Tax (LTT), and in Scotland it’s Land and Buildings Transaction Tax (LBTT).
