|0||0 - 125,000||0 - 125,000||0|
|2||125,001 - 250,000||125,001 - 250,000||2|
|5||250,001 - 925,000||250,001 - 925,000||5|
|10||925,001 - 1,500,000||925,001 - 1,550,000||10|
|12||1,500,001 and over||1,550,001 and over||12|
*Payable on consideration which falls in each bracket.
**Payable on total consideration once limit is breached.
As announced in the Autumn Budget, from 22 November 2017 first-time buyers paying £300,000 or less for a residential property will pay no SDLT. First-time buyers paying between £300,000 and £500,000 will pay SDLT at 5% on the amount of the purchase price in excess of £300,000.
In most cases these rates also apply to property lease purchases but an additional 1% is due on new leases where the net present value (NPV) of rent is more than £125,000.
The purchase of additional residential properties may result in 3% being added to each of the above rates.
Shares and securities - rate 0.5%.