Stamp Duty/LBTT/LTT Calculator
Use the Miller Homes calculator to work out how much Stamp Duty/LBTT/LTT you'll pay.
Cost Breakdown
Residential property purchase price:
| Purchase price bands (£) | Percentage rate (%) | Stamp duty due (£) |
|---|---|---|
| {{row.l}} | {{row.p}}% | {{row.v}} |
Calculations are based upon the acquisition of your new Miller home as either your sole residence or as an additional property. If you’re buying an additional property such as a second home, you’ll have to pay additional Stamp Duty Land Tax, Land Transaction Tax or Land and Buildings Transaction Tax on top of the standard rates. You won’t pay any Stamp Duty if the property costs less than £40,000. The Stamp Duty calculator provided by Miller Homes is for guidance purposes only and is based solely on the information entered by the user. Miller Homes does not provide financial or tax advice. The results generated by this calculator should not be relied upon as a substitute for professional advice. Buyers remain solely responsible for confirming their Stamp Duty liability, seeking independent professional advice where appropriate, and ensuring that all tax calculations and filings submitted to HM Revenue & Customs are accurate and compliant.
Calculations are based upon the acquisition of your new Miller home as either your sole residence or as an additional property. If you’re buying an additional property such as a second home, you’ll have to pay additional Stamp Duty Land Tax, Land Transaction Tax or Land and Buildings Transaction Tax on top of the standard rates. You won’t pay any Stamp Duty if the property costs less than £40,000. The Stamp Duty calculator provided by Miller Homes is for guidance purposes only and is based solely on the information entered by the user. Miller Homes does not provide financial or tax advice. The results generated by this calculator should not be relied upon as a substitute for professional advice. Buyers remain solely responsible for confirming their Stamp Duty liability, seeking independent professional advice where appropriate, and ensuring that all tax calculations and filings submitted to HM Revenue & Customs are accurate and compliant.
Calculations are based upon the acquisition of your new Miller home as either your sole residence or as an additional property. If you’re buying an additional property such as a second home, you’ll have to pay additional Stamp Duty Land Tax, Land Transaction Tax or Land and Buildings Transaction Tax on top of the standard rates. You won’t pay any Stamp Duty if the property costs less than £40,000. The Stamp Duty calculator provided by Miller Homes is for guidance purposes only and is based solely on the information entered by the user. Miller Homes does not provide financial or tax advice. The results generated by this calculator should not be relied upon as a substitute for professional advice. Buyers remain solely responsible for confirming their Stamp Duty liability, seeking independent professional advice where appropriate, and ensuring that all tax calculations and filings submitted to HM Revenue & Customs are accurate and compliant.
We are taking you to Mortgage Advice Bureau
By clicking the button below, you are leaving Miller Homes' website and being redirected to Mortgage Advice Bureau, who can put you in touch with advisers who could give you free guidance on finding a mortgage.
Sorry, something went wrong while opening Mortgage Advice Bureau
You can also discover more advisers who could help you find the best mortgage for you and give you free independent guidance on our website.
Our other financial tools
Our handy tools can help you to understand how much you need to budget for your new home.
Mortgage Calculator
Our easy-to-use, free online mortgage calculator is perfect for anyone who is interested to find out how much their monthly mortgage repayments might be. It should help you to work out your options when it comes to buying a new home, giving you an idea of what you can realistically afford.
Find a mortgage
It is important that you get independent financial advice when buying a new home. You can choose your own adviser or we can put you in touch with advisers who can help you. Or, you could use Mortgage Advice Bureau’s affordability calculator to find out how much you might be able to borrow.
What is stamp duty?
Stamp Duty Land Tax (SDLT) is a tax that you need to pay when you buy a home in England or Northern Ireland over a certain threshold. The amount that you pay will depend on the price of the property, as well as when you choose to purchase it, since the thresholds can change.
What is Land and Buildings Transaction Tax (LBTT)?
Land and Building Transactions Tax (LBTT) is a tax that you need to pay when you buy a home in Scotland over a certain threshold. It’s the equivalent of Stamp Duty in England and Northern Ireland. To learn more about LBTT and how it works, read our guide: What is LBTT in Scotland?.
How much stamp duty will I have to pay?
If you are purchasing in England, the amount you have to pay depends on the value of the property that you are buying. Currently, the threshold for stamp duty on residential properties is £250,000, and £425,000 for first-time buyers, so you won’t have to pay anything up to this amount. After this, the following band rates apply:
|
Property Value |
Stamp Duty Rate |
|
Up to £250,000 |
0% |
|
£250,001 to £925,000 |
5% |
|
£925,001 to £1,500,000 |
10% |
|
Over £1,500,000 |
12% |
Will I have to pay stamp duty as a first-time buyer?
Not unless the home that you are buying costs more than £425,000. If it’s over this amount, the following band rates currently apply in England:
|
Property Value |
Stamp Duty Rate |
|
£0 to £425,000 |
0% |
|
£425,001 to £625,000 |
5% |
Note: If the property value is over £625,000, normal stamp duty rates will apply and no first-time buyer relief is available.
How much LBTT will I have to pay?
LBTT rates in Scotland differ to stamp duty rates in England and Northern Ireland. Currently, you’ll need to pay LBTT on any home worth more than £145,000 (£175,000 for first-time buyers). There’s no LBTT to pay up to this amount, then the following band rates apply:
|
Property Value |
Stamp Duty Rate |
|
£0 to £145,000 |
0% |
|
£145,001 to £250,000 |
2% |
|
£250,001 to £325,000 |
5% |
|
£325,001 to £750,000 |
10% |
|
Over £750,000 |
12% |
Will I have to pay LBTT in Scotland as a first time buyer?
Currently, first-time buyers don’t have to pay LBTT on the first £175,000. After this, the following band rates apply:
|
Property Value |
Stamp Duty Rate |
|
£0 to £175,000 |
0% |
|
£175,001 to £250,000 |
2% |
|
£250,001 to £325,000 |
5% |
|
£325,001 to £750,000 |
10% |
|
Over £750,000 |
12% |
Close
Welcome to My Miller Home
Sign up to save your favourite homes and developments in My Miller Home on our website or app. With a My Miller Home account, you can also sign up to exclusive alerts to make sure you are the first to hear about our new homes and personalised offers.
Forgotten your password?
We have sent you an email with instructions on how to create your new password.
{{actionCompleteMessage}}
You can now set up exclusive alerts on new homes, and save your favourite developments and plots.
Plus, you can tailor your home preferences in ‘My Miller Home’ to help find your perfect home.
Congratulations and thank you for choosing Miller Homes.
We appreciate that buying your new home is one of the most important decisions you will ever make. We’re very grateful that you’ve placed your trust in us.
You can keep up to date with the progress of your new home and any important information in My Miller Home.
The excitement starts here...
Welcome to{{' '}}My Miller Home
Congratulations and thank you for choosing Miller Homes.
We appreciate that buying your new home is one of the most important decisions you will ever make. We’re very grateful that you’ve placed your trust in us.
You can keep up to date with the progress of your new home and any important information in My Miller Home.
The excitement starts here...
Tell us more{{' '}}about yourself
You can now set up exclusive alerts on new homes, and save your favourite developments and plots.
Plus, you can tailor your home preferences in ‘My Miller Home’ to help find your perfect home.