In the UK, Stamp Duty Land Tax (SDLT) is a tax that is paid by buyers on residential property purchases over a certain value.
The amount of SDLT you have to pay depends on the purchase price of your home and the rate of tax that applies. You can find out more about how much SDLT you’ll need to pay on residential property purchases by visiting https://www.gov.uk/stamp-duty-land-tax
Who do you pay stamp duty to?
Your solicitor will calculate the stamp duty payable and you need to transfer this money to them.
Who pays stamp duty?
Most people will need to pay stamp duty. If you are a first time buyer then all or part of your property could be stamp duty free. However, if you are a property investor then you will be charged an additional amount.
Our online Stamp Duty calculator will provide an estimated cost for you.
