Stamp duty is a tax that is levied on documents.
Historically, this included most legal documents such as cheques, receipts, military commissions, marriage licences and land transactions.
Rates from 1st April 2021
These rates can also apply if you bought a property before 8th July 2020
You can also use this table to work out the SDLT for the purchase of a lease. [The lease premium].
Property or lease premium | SDLT Rate |
Up to £125,000 | Zero |
The next £125,000 [the portion from £125,001 to £250,000] | £2% |
The next £675,000 [the portion from £250,001 to £925,000] | 5% |
The next £575,000 [the portion from £925,001 to £1,500,000] | 10% |
The remaining amount [the portion over £1,500,000] | 12% |
Premier Neigh’bours Estate Agents
Premier Neighbours are a dedicated and highly professional Estate Agency, lettings, and Property Management Company. At the core of our business customer care. We value your decision to trust us with your property and will endeavour to meet the needs and requirements of all our clients. Premier Neighbours recognises the importance of Freedom of Choice.
We offer a professional, informative, honest, and quality service. This enables our clients to make the best decisions whether buying, selling, or looking to rent a property.
For more information on Stamp duty or if you are selling/buying your home contact Premier Neigh’bours Estate Agent
Take advantage of the stamp duty holiday now and sell your home with Premier Neighbours!
Contact us: info@premierneighbours.com