Stamp Duty
Stamp Duty on £1,300,000
A home mover buying at £1,300,000 in England or Northern Ireland pays £73,750 in stamp duty, an effective rate of 5.67%. Here is what every type of buyer pays.
By Buyer Type
| Buyer | Stamp duty | Effective rate | Notes |
|---|---|---|---|
| Home mover (main residence) | £73,750 | 5.67% | Standard residential rates. |
| First-time buyer | £73,750 | 5.67% | Relief applies only when the price is £500,000 or less; above that, standard rates apply. |
| Second home or buy-to-let | £138,750 | 10.67% | Standard rates plus the 5% higher rates for additional dwellings. |
| Non-UK resident (main residence) | £99,750 | 7.67% | Standard rates plus the 2% non-resident surcharge. |
| Non-UK resident, additional property | £164,750 | 12.67% | Standard rates plus the 5% higher rates and the 2% non-resident surcharge. |
How It Is Worked Out (Home Mover)
| £0 to £125,000 at 0% | £0 |
| £125,000 to £250,000 at 2% | £2,500 |
| £250,000 to £925,000 at 5% | £33,750 |
| £925,000 to £1,300,000 at 10% | £37,500 |
| Total | £73,750 |
Try a Different Price
Stamp duty to pay
£73,750
Effective rate 5.67%
| £0 to £125,000 at 0% | £0 |
| £125,000 to £250,000 at 2% | £2,500 |
| £250,000 to £925,000 at 5% | £33,750 |
| £925,000 to £1,500,000 at 10% | £37,500 |
Financing it? Repayments on a £1,300,000 mortgage. Buying elsewhere in the UK? LBTT on £1,300,000 in Scotland · LTT on £1,300,000 in Wales
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How much stamp duty does a home mover (main residence) pay on £1,300,000?
£73,750, an effective rate of 5.67%. Standard residential rates.
How much stamp duty does a first-time buyer pay on £1,300,000?
£73,750, an effective rate of 5.67%. Relief applies only when the price is £500,000 or less; above that, standard rates apply.
How much stamp duty does a second home or buy-to-let pay on £1,300,000?
£138,750, an effective rate of 10.67%. Standard rates plus the 5% higher rates for additional dwellings.
How much stamp duty does a non-uk resident (main residence) pay on £1,300,000?
£99,750, an effective rate of 7.67%. Standard rates plus the 2% non-resident surcharge.
England and Northern Ireland residential rates. A guide, not tax advice: your solicitor confirms the final figure.