Quick Search
Valuation

PROPERTY SEARCH

UK Property and Buy-To-Let Stamp Duty Tax (SDLT) Calculator 2016

How has UK Stamp Duty changed since 2014 & changes affecting buy-to-let investors and purchasers of second homes.

Before 2014 a 'slab structure' was in place with buyers paying a rate based on the ENTIRE property purchase price. The new rates are now payable only on the PORTION of a property price which falls within each band. As with every tax, there are those who will be better and worse off compared to the previous system. Now from April 1st 2016 a new additional charge of 3% of SDLT on purchases of additional residential property above £40,000 will apply this will affect buy-to-let properties and second homes. For example the nil rate band will increase to 3% and the top slice of SDLT will increase to 15%.

The calculator below will enable you to determine what Stamp Duty will now be payable on your property purchase with and without the additional tax levied on properties that are being purchased either under a buy-to-let scheme or as a second home.


Enter the estimated value of your purchase below and click Calculate.

If you wish to see what effect the additional 3% rate would have, click the check-box and re-calculate.


Calculator

ENTER PROPERTY VALUE:


Stamp Duty Currently due:


Stamp Duty Currently due with additional 3%:

Click checkbox for buy to let value

LATEST NEWS

Not on the High Street?

Posted on Wednesday, June 14, 2017

Should you use an estate agent with a high street office or go through an online estate agent to buy or sell your home? We look at the pros and cons ...


New balls please!

Posted on Monday, June 5, 2017

Local estate agent Shortland Horne is running a tennis-themed competition for local schools. With Wimbledon fortnight fast approaching the newly-opened Leamington branch of Shortland Horne will be serving up the opportunity for schoolchildren in the town to win £500 of tennis kit for their school.


How to downsize and enjoy it

Posted on Thursday, May 25, 2017

Once reserved for households where grown up children had flown the nest, downsizing has now become commonplace among a wide range of homeowners. With smaller bills to pay and fewer rooms to clean, you’ll be surprised how much you can save, especially over a year or so. Plus, the profit made from selling your old home can also be a nice incentive to opt for somewhere a little smaller.