Stamp Duty

 

Stamp Duty

Whether you’re a first time buyer, moving up the ladder or buying an additional property let us help you understand the new Stamp Duty rates.

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What is stamp duty?

Stamp Duty Land Tax (SDLT) is a property transaction tax that is to be paid on any property worth over £125,000. The great news is, as a first-time buyer you won't have to pay any stamp duty on a property up to the value of £300,000.

As a home buyer, you will be the ones paying stamp duty rather than the seller. How much stamp duty you will pay depends on which bracket your new home sits in. The more expensive the property, the more stamp duty you’ll pay.

For more information on stamp duty, visit the government’s website.

 

Stamp Duty Calculator

Use our handy Stamp Duty Calculator to find out how much Stamp Duty you will need to pay when purchasing your new home.

You won't pay any stamp duty on a main residence up to £125,000, unless you’re a first-time buyer and then it’s up to £300,000!

Those purchasing an additional or buy-to-let property are required to pay an additional 3% surcharge on top of each stamp duty band.

Property or lease premium or transfer value SDLT rate
Up to £125,000 Zero
The next £125,000 (the portion from £125,001 to £250,000) 2%
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%

First-time buyers can still benefit from a reduction after 1 October 2021. This means you’ll pay:

  • No stamp duty up to £300,000
  • 5% stamp duty on the portion from £300,001 to £500,000

You’re eligible if you and anyone else you’re buying with are first-time buyers. If the price is over £500,000, you’ll pay 5% on the portion up to £925,000, and 10% on anything over that.

Please choose an option

You will be required to pay:
£0
in stamp duty

Linden Stamp Duty

More ways we can help you move

Help to Buy

Exclusively for first-time buyers! Your move could be more affordable than you think - buy a new home between £186,100 and £437,600, depending where you live, with just a 5% deposit!

Help to Buy London

Exclusively for first-time buyers! Your move could be more affordable than you think – buy any new home up to £600,000 with just a 5% deposit!

Home Exchange

Stuck in a chain or have a home to sell? We could buy your current home when you buy one of ours with Home Exchange.

Smooth Move

Have a home to sell? We could help sell it for you, so you can buy one of ours with Smooth Move! We could even save you time and money.

Introduce a Friend

Introduce your friends to Linden Homes and if they buy from us we’ll give you £500* to say thank you.

Help to Buy

Exclusively for first-time buyers! Your move could be more affordable than you think - buy a new home between £186,100 and £437,600, depending where you live, with just a 5% deposit!

Help to Buy London

Exclusively for first-time buyers! Your move could be more affordable than you think – buy any new home up to £600,000 with just a 5% deposit!

Home Exchange

Stuck in a chain or have a home to sell? We could buy your current home when you buy one of ours with Home Exchange.

Smooth Move

Have a home to sell? We could help sell it for you, so you can buy one of ours with Smooth Move! We could even save you time and money.

Introduce a Friend

Introduce your friends to Linden Homes and if they buy from us we’ll give you £500* to say thank you.

Still haven't found what you're looking for?

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.