NEW! Tembo has acquired Lifetime ISA provider Nude 🚀

Learn more
Logo
DropdownArrow

Buy a home HoverArrow



Remortgage HoverArrow

New
DropdownArrow

Lifetime ISA HoverArrow

Latest Articles HoverArrow

NEW
LIFETIME ISA

Boost your deposit by £1,000 a year

Open a Lifetime ISA today. Save up to £4,000 each year towards your house deposit and you’ll get a 25% government bonus, tax free.

Learn more
DropdownArrow

Purchase HoverArrow

Remortgage HoverArrow

Buy to Let HoverArrow

Increase your affordability HoverArrow

With a guarantor

Increase your affordability HoverArrow

Without a guarantor

NEW: long-term fixed rate

Fix your interest rate for up to 40-years and increase your borrowing to 6x income. Rates from 5.69%

Learn more
Discover all our mortgage schemes
DropdownArrow

Latest articles HoverArrow

DropdownArrow
DropdownArrow

Buy a home HoverArrow

Remortgage HoverArrow

LoginGet a mortgage

Your affordability

Stamp Duty Calculator

Stamp Duty Land Tax (SDLT) is the tax you pay when you buy property in the UK - whether you’re purchasing a house, flat or land. Use our Stamp Duty calculator to figure out what you'll pay on your main home.

See your results

keysmile

Calculate your stamp duty

£

What is Stamp Duty?

Stamp Duty, more formally known as Stamp Duty Land Tax (SDLT) is the tax you pay when you buy a property over a certain price. It varies by country in the UK. In Scotland, you’ll pay Land and Buildings Transaction Tax (LBTT) instead of Stamp Duty, while in Wales you’ll pay the Land Transaction Tax (LTT).

How much is Stamp Duty?

If you’re a first time buyer, you will only pay Stamp Duty on properties costing more than £425,000. For second time buyers, you will pay Stamp Duty on properties costing more than £250,000.

The amount you pay is based on the Stamp Duty tax bands. The tax is calculated on the portion of the property price that falls into each band. For example, if you bought a 450,000 house as a second time buyer, you would not pay any Stamp Duty on the first £250,000. On the remaining £200,000 you would pay 5%, which would be £10,000.

These Stamp Duty bands only apply to properties in England and Northern Ireland. For properties in Scotland and Wales, you’ll pay different rates.

stamp-duty-rates-1stamp-duty-rates-2

The results from the Stamp Duty calculator is intended as guidance to give an indication of stamp duty liability for residential property purchases in England and Northern Ireland. The results from the calculator are subject to change depending on tax rules and results may vary depending on individual circumstances.

When do you pay Stamp Duty?

Once you have completed on your property, you will have 14 days to file a Stamp Duty Land Tax (SDLT) return and pay any Stamp Duty due. If you don’t submit a return and pay the tax within 14 days, you may be charged additional penalties and interest by HMRC.

Need help increasing your affordability?

Whether you’ve already found a home or just scoping out the costs, Tembo could help you discover your true buying budget. We specialise in helping buyers boost their affordability - on average our customers increase their buying budget by £82,000. To see how much you could afford, create a free plan today for a personalised recommendation.

Create a free plan today

Try our other mortgage tools

Mortgage CalculatorInterest Rates Tracker

Learn more

Confused about mortgages? Read our guides for expert tips on saving, buying and the market.

See all guides