CALCULATOR:

Property Price:
£

RESULTS:

Stamp Duty to Pay:
£

Stamp Duty Land Tax (SDLT) Thresholds (Effective: October 1st 2021)

Stamp Duty Land Tax (SDLT) must be paid if you buy a property in England and Northern Ireland that exceeds a certain threshold. The Stamp Duty Land Tax payable for second property buyers is calculated differently, the rates of which are detailed below with our example table.

Second Property Buyers Stamp Duty Land Tax Property Value Bands and Rates

Second Property or Lease Premium or Transfer Value SDLT rate
Up to £125,000 3%
The next £125,000 (the portion from £125,001 to £250,000) 5%
The next £675,000 (the portion from £250,001 to £925,000) 8%
The next £575,000 (the portion from £925,001 to £1.5 million) 13%
The remaining amount (the portion above £1.5 million) 15%
Example Property or Lease Premium or Transfer ValueSDLT Amount
£100,000 £3,000
£200,000 £7,500
£300,000 £14,000
£400,000 £22,000
£500,000 £30,000
£600,000 £38,000
£700,000 £46,000
£800,000 £54,000
£900,000 £62,000
£1,000,000 £73,750
£1,100,000 £86,750
£1,200,000 £99,750
£1,300,000 £112,750
£1,400,000 £125,750
£1,500,000 £138,750
£1,600,000 £153,750
£1,700,000 £168,750
£1,800,000 £183,750
£1,900,000 £198,750
£2,000,000 £213,750