Stamp Duty

15 December 2015

Stamp duty rates will be three percentage points higher for buy-to-letters than those buying a property to live in from April next year.

It means the tax bill on a buy-to-let property costing 250,000 will jump from 2,500 to 8,800. More examples are in the table to the right.

The same increased stamp duty rate applies to buying other second properties, such as holiday homes, in which the owners do not intend to live full-time.