Stamp Duty Questions
Find clear answers to your stamp duty questions from our expert guides.
Most Asked Questions
How is stamp duty calculated?
Stamp duty uses a tiered system where different portions of the price are taxed at different rates.
When do I pay stamp duty?
Stamp duty must be paid within 14 days of completion. Your solicitor typically handles the payment.
Who pays stamp duty - buyer or seller?
The buyer pays stamp duty, not the seller. When you sell a property, you don't pay stamp duty.
Am I a first-time buyer for stamp duty?
You're a first-time buyer if you've never owned property anywhere in the world.
Do I pay the second home surcharge?
You pay the 5% surcharge if you'll own more than one property after completion.
Can I claim a stamp duty refund?
You may be able to claim back the 5% surcharge if you sell your previous home within 36 months.