Stunning 2 Bed Apartment with views of Neptune Marina, Ipswich

Prime Waterfront Location

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Stamp Duty Information


You are required to pay Stamp Duty Land Tax (SDLT) when purchasing property or land above a certain threshold in England, Wales, and Northern Ireland.

Higher SDLT rates now apply to the purchase of additional properties. This includes buy-to-let investments, unless the buyer owns only one property in total.

Please note that the figures generated by this calculator are intended as a guide only. We strongly recommend seeking legal advice regarding your stamp duty liability before proceeding with any property transaction.

For full details, please visit the official GOV.UK page on Stamp Duty Land Tax.

Property PriceOwnership
First Time Buyer
Price Band Rate % Taxable Amount Tax To Pay
Up to £125,000 0% £125,000 £0
Between £125,000 & £250,000 2% £55,000 £1,100
Between £250,000 & £925,000 5% £0 £0
Between £925,000 & £1,500,000 10% £0 £0
Above £1,500,000 12% £0 £0
Effective Tax Rate     0.61%
Total Tax     £1,100

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