Guide to Stamp Duty Rates
Stamp Duty is the tax you pay when you buy property and is dealt with by your solicitor upon completion of your purchase. If the purchase price is £125,000 or less then you are not required to pay any Stamp Duty Land Tax. If it is more than £125,000, you pay between 1% and 4% of the whole purchase price on a sliding scale.
Stamp Duty Rates
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Residential Property
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Stamp Duty Rate
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up to £125,000
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0%
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£125,001 - £250,000
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1%
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£250,001 - £500,000
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3%
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£500,001 or more
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4%
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