Residential property rates
Residential Rates on purchases from 1st July 2021 to 30th September 2021
There is now a reduced stamp duty holiday running from 1st July 2021 through to 30 September 2021. As of 1st October 2021, the previous standard rate will again apply.
See details below:-
|Property or lease premium or transfer value||SDLT rate|
|Up to £250,000||Zero|
|The next £675,000 (the portion from £250,001 to £925,000)||5%|
|The next £575,000 (the portion from £925,001 to £1.5 million)||10%|
|The remaining amount (the portion above £1.5 million)||12%|
Use the below link to work out how much tax you’ll pay.