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.
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE!
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The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
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