Calculate SDLT for residential purchases including the 3% additional rate for buy-to-let and second homes.
Buy-to-Let Surcharge
The 3% additional rate applies if you own or part-own another property worth £40,000 or more.
Total SDLT to Pay
£11,500
Effective rate: 3.83%
Tax Breakdown by Band
The 3% surcharge costs you an extra £9,000
Buy-to-let properties incur an additional 3% stamp duty surcharge on top of standard residential rates. For a £250,000 BTL property, you would pay approximately £10,000 in stamp duty.
The 3% additional rate applies when purchasing additional residential property (buy-to-let or second homes) if you already own a property. It applies to the entire purchase price.
Yes, if you sell your previous main residence within 3 years of buying the new one, you can apply for a refund of the additional 3% paid.