Find out how the new rules will affect homebuyers and investors
The new Stamp Duty rates apply to all buyers, including first-time buyers, home movers, and investors
The nil-rate threshold is reducing from £250,000 to £125,000 for all buyers, increasing tax liability
If you buy a home for £225,000, you will now pay 2% tax on £100,000, which equals £2,000
The nil-rate threshold for first-time buyers drops from £425,000 to £300,000, meaning a £425,000 purchase will now incur £6,250 in tax
The 5% minimum rate will now start at £125,000 instead of £250,000, increasing costs for investors
An investor buying a £250,000 property will now pay £17,500 in tax instead of £12,500—a £5,000 increase
Non-UK residents will continue paying a 2% surcharge on top of all SDLT rates
Use our free Stamp Duty Calculator to find out exactly how much you need to pay
Benham and Reeves provides expert advice on buying property under the new tax rules