Basic Rates For UK Investors

As a second home or investment property you will pay…

• 3% on the first £125,000
• 5% on the next £125,000 to £250,000
• 8% on for anything between £250,000 – £925,000
• 13% for on £925,001 - £1.5m
• 15% on anything over £1.5m

Rates For Foreign Investors

If you are not a UK citizen then you will be subject to higher Stamp Duty.

• 5% on the first £125,000
• 7% on the next £125,000 to £250,000
• 10% on for anything between £250,000 – £925,000
• 15% for on £925,001 - £1.5m
• 17% on anything over £1.5m

Essentially you pay 2% as a foreign investor.

Rates For Different Types of Assets

The above covers the basic stamp duty for standard residential property, but this is defined as residential dwellings.

Commercial Property

Commercial property such as shops have a lower tax rate.

• 0% on £0 - £150,000
• 2% on £150,001 to £250,000
• 5% on portion over £250,000

 A commercial property could also be a flat with residential properties above it, meaning you have residential flats with no stamp duty.

Student Property

Student property works the same as commercial when calculating SDLT

• 0% on £0 - £150,000
• 2% on £150,001 to £250,000
• 5% on portion over £250,000

As a foreign Investor if you are investing in commercial student, mixed use or other non-residential property you are paying the same rates as UK investors stated above.

Buying  Leasehold

Another SDLT rate you could pay which is different is if you are investing in a leasehold.

• 0% on £0 - £150,000
• 1% on £150,001 to £5,000,000
• 2% on portion over £5,000,000

To work out the full accurate stamp duty on a property you are looking to purchase we recommend you use the government calculator https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro