All terms
tax & costs
SDLT (Stamp Duty Land Tax)
The UK property purchase tax in England and Northern Ireland. Tiered by band, with surcharges for additional properties (+5%) and non-UK residents (+2%).
In simple terms
What HMRC charges you for buying a home.
Example
Buying a £400,000 second home in Birmingham as a UK resident: standard SDLT £7,500 + 5% additional-property surcharge £20,000 = £27,500.
If you're buying
Add to your all-in budget. SDLT is calculated on hammer + buyer's premium, not just hammer.
If you're selling
Knowing your buyer's likely SDLT helps anchor the price they can offer.
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