The new Stamp Duty Land Tax (SDLT) legislation is complex and the estimated SDLT suggested by this generator is intended only as a guide and not a definitive statement on your SDLT liability. Should you wish to instruct us then we will obtain further information from you to enable us to advise you more fully on your SDLT liability.
Will you be an owner, or co-owner, or have a financial interest in of more than one property, worldwide, after the completion of this purchase?
A financial interest includes a beneficial share in a property held in trust or a life interest in a property with the value of that share being £40,000 or more. However, an inherited share in a property that has either been owned for more than three years or amounts to 50% or less of the interest in the inherited property does not fall within the definition of an interest in a property and can be ignored for SDLT purposes.
Is the property being purchased replacing your main residence?
Has the sale of your main residence already completed or will it complete on or before completion of your purchase?
Have you ever owned, co-owned or had a financial interest in a property anywhere in the world at any time prior to this purchase?
This may have been as a result of a purchase, an inheritance, a gift or as beneficiary of a trust.
Will the property be your main residence?
HM Land Registry calculate the Land Registration Fee by applying the relevant fee scale to the particular transaction type. In order to establish the correct Land Registration Fee payable, please indicate whether your transaction falls within one or more of the following categories: