Stamp Duty Land Tax (SDLT)

Posted on 22 July 2011 by Angela

Stamp duty question for you please - We sold our house over a year ago - when we buy next year will we have to pay stamp duty?


If you buy either a freehold or a leasehold property and the purchase price is more than £125,000, you pay SDLT of between one and five per cent of the whole purchase price. See the table below for more detail.

If the purchase price is £125,000 or less you don't pay any SDLT.

First-time buyers

If you are a first-time buyer the threshold for when you start to pay SDLT is £250,000. This is only if you have never owned a house or flat in the UK or anywhere else in the world. If you are buying with someone else they must never have owned property before either. This higher threshold applies to purchases made on or after 25 March 2010 and before 25 March 2012.

Purchase price of residential property  Rate of SDLT  Rate of SDLT - first-time buyers 

  £0 - £125,000     0% 0%

  £125,001 - £250,000 1% 0%

  £250,001 - £500,000  3% 3%

  £500,001 - £1 million  4%  4%

  £1 million or more  5% 5%

Text and Table courtesy of


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