What’s it going to cost to buy (and sell) a new property?
Use this calculator to estimate the cost of buying (and selling) a property.
| Stamp Duty Land tax (SDLT) – updated 4 December 2014. | |
| Up to £125,000 | ZERO |
| £125,001 to £250,000 | 2% |
| £250,001 to £925,000 | 5% |
| £925,001 to £1,500,000 | 10% |
| Over £1,500,000 | 12% |
| Example: A buyer exchanges contracts for the purchase of a house for £275,000 on 5 December 2014, with completion expected to in February 2015. | |
| Under the new rules the SDLT is calculated as follows:0% on the first £125,000 = £0 2% on the next £125,000 = £2,500 5% on the final £25,000 = £1,250 Total SDLT payable = £3,750 |
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