MORTGAGE COST CALCULATOR
How Much Stamp Duty Would I Have To Pay?
Use our mortgage cost calculator to work out if you’ll have to pay stamp duty, and if so, how much. You can factor this into your budget when considering your affordability.
First Residence
Land Tax Would Be
From 1st July 2021
From 1st Oct 2021
Main Residence
Land Tax Would Be
From 1st July 2021
From 1st Oct 2021
Second Residence
Land Tax Would Be
From 1st July 2021
From 1st Oct 2021
The Stamp Duty Land Tax Holiday has been extended to 30th June 2021. From 1st July 2021, the threshold will drop to £250,000. Stamp duty thresholds will return back to normal levels from 1st October 2021.
*Please note: For purchases under £500,000, these illustrations do not include current threshold reliefs.
Only Residence (First Time Buyer)
| Threshold | Rate | Tax |
|---|---|---|
| £300,000 | 0% | £ |
| £925,000 | 5% | £ |
| £1,500,000 | 10% | £ |
| £1,500,000 + | 12% | £ |
Main Residence
| Threshold | Rate | Tax |
|---|---|---|
| £125,000 | 0% | £ |
| £250,000 | 2% | £ |
| £500,000 | 5% | £ |
| £925,000 + | 10% | £ |
| £1,500,000 + | 12% | £ |
Second Residence
| Threshold | Rate | Tax |
|---|---|---|
| £125,000 | 3% | £ |
| £250,000 | 5% | £ |
| £925,000 | 8% | £ |
| £1,500,000 | 13% | £ |
| £1,500,000 + | 15% | £ |
PLEASE NOTE: This calculator provides a guide to stamp duty land tax costs and does not guarantee eligibility for a mortgage. Please contact us for a personalised Mortgage Illustration.
Because we play by the book, we would like to tell you that..
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE!
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
Resourceful Articles
A collection of our best mortgage blogs. Some of our articles could help you when it comes to purchasing your first home, re-mortgaging, protecting your family, and more!
A Gifted Deposit
It’s been reported that a huge 80% of first time buyers get financial help from their parents* when it comes to [...]
Renovating Rental Property
Buying, renovating and potentially furnishing a property is an expensive process and it’s natural to want to keep costs as [...]
Critical Illness Cover
Do I need critical illness cover? According to the latest research, over 50% of homeowners aged 18 to 40 do [...]
Get In Touch
Our mortgage specialists are available to provide you with the advice you need face-to-face or, if more convenient, over the phone at a time to suit you.
