Stamp Duty Land Tax

Stamp Duty Land Tax (SDLT) is a tax you must pay whenever you buy a property valued at over £125,000. Like many taxes it’s progressive, and like all taxes it’s inescapable, so you should therefore factor it into your calculations when you’re working out how much it will cost you to move home. The Chancellor of the Exchequer made substantial changes to the Stamp Duty Land Tax (SDLT) system in his winter statement of 2014, so if you haven’t bought a property since then you probably need to update your knowledge of the way things work.

As of April 2015, Stamp Duty Land Tax (SDLT) isn’t applicable to property purchases in Scotland. Instead, you’ll be liable for a charge called Land and Buildings Transaction Tax, and this is levied on all purchases over £145,000.

The table and calculator below will give you an idea of how Stamp Duty Land Tax (SDLT) operates in England, Wales and Northern Ireland. Please note that this is only intended as a rough guide: to find out exactly how much you need to pay, or if you’re buying a house in Scotland, speak to one of our advisers.

Beside you all the way
At Zing, we’re here to help you throughout your mortgage application. From your first enquiry through to completion - we’re here to make the whole process easier for you.
03332 414 113
Monday - Friday: 9:00am - 5:00pm
What our clients say
Efficient and Excellent Experience
1st time buyers and they made the whole process really easy from start to finish. Kept us up to date throughout and answered any questions we had strait away. Thank you Zing
Rion in Sevenoaks
Best choice we made
Gary was patient & understanding when dealing with our mortgage. Ellie was brilliant with weekly updates that increased to daily as we neared completion. Can't thank the team at Zing enough, would recommend to anyone.
Julie in Southend-On-Sea
Great service
Great service from start to finish. Lee was very knowledgable and got us the deal we where looking for. Was kept informed and he was always available, or called us back. Would highly recommend.
Brian in Ware
Very nice service I will recommend it to my friends and if I need will use again. Very big thanks for Ian.
Good overall service
We have used zings services for a number of years now and have always been very happy with there services, although we had a bit of a slow start this time everything was completed well and would recommend them again for the future.
Steve in Essex
Would recommend
They chased the solicitors continuously for what was a long tome! They kept me up to date throughout which I really appreciated
Feefo logo