Results based on SDLT rules from 4 December 2014
| Purchase price |
Total SDLT due (First Home) |
Total SDLT due (Second Home or BTL) |
|---|---|---|
| £190,000 | £1,300 | £7,000 |
This is a breakdown of how the total amount of SDLT was calculated.
| Purchase price bands | Percentage rate | SDLT due |
|---|---|---|
| Up to £300,000 | 0% | £0 |
| Above £300,000 and up to £500,000 | 2% | £0 |
| Purchase price bands | Percentage rate | SDLT due |
|---|---|---|
| Up to £125,000 | 0% | £0 |
| Above £125,000 and up to £250,000 | 2% | £1,300 |
| Above £250,000 and up to £925,000 | 5% | £0 |
| Above £925,000 and up to £1,500,000 | 10% | £0 |
| Above £1,500,000+ | 12% | £0 |
| Total SDLT due | £1,300 |
| Purchase price bands | Percentage rate | SDLT due |
|---|---|---|
| Up to £125,000 | 3% | £3,750 |
| Above £125,000 and up to £250,000 | 5% | £3,250 |
| Above £250,000 and up to £925,000 | 8% | £0 |
| Above £925,000 and up to £1,500,000 | 10% | £0 |
| Above £1,500,000+ | 12% | £0 |
| Total SDLT due | £7,000 |
Based on the previous Stamp Duty rules, you will save £600.