Stamp Duty Land Tax (SDLT, commonly known as just stamp duty) is a tax you pay when you buy property in the UK. It can get hellishly complicated – this calculator will make it simple to work out how much stamp duty is for a £650,000 home.
Tax rules change all the time and everyone's circumstances are different, so don't take anything on this page as advice! When it's time to buy, speak your solicitor for advice on stamp duty.
Found a property? Get the perfect mortgage
Tell us a bit about you, and we’ll guide you through the next steps, for free.
Read about stamp duty for first time buyers
You could get tax relief and save thousands if you’re buying for the first time.
See what other fees you pay on a mortgage
Make sure you plan for all the costs – not just stamp duty.
How much stamp duty you'll pay on a £650,000 home will depend on a few things:
Stamp Duty Land Tax (most people just call it ‘stamp duty’) is calculated in ‘bands’, which means you pay different rates on different ‘portions’ of the £650,000 property price.
Property price | Stamp Duty Rate |
£0–£125,000 | 0% |
£125,001 – £250,000 | 2% |
£250,001 – £925,000 | 5% |
£925,001 – £1,500,000 | 10% |
£1,500,000+ | 12% |
Here’s an example for a property worth £650,000:
Total stamp duty = £22,500
The equivalent of stamp duty in Scotland is the Land and Buildings Transaction Tax, or LBTT. It’s calculated in ‘bands’, which means you pay different rates on different ‘portions’ of the property price.
Property price | Stamp Duty Rate |
£0–£145,000 | 0% |
£145,001 – £250,000 | 2% |
£250,001 – £325,000 | 5% |
£325,001 – £750,000 | 10% |
£750,001+ | 12% |
Here’s an example for a property worth £300,000:
Total LBTT = £4,600
The equivalent of stamp duty in Wales is the Land Transaction Tax, or LTT. It’s calculated in ‘bands’, which means you pay different rates on different ‘portions’ of the property price.
Property Price | Stamp Duty Rate |
£0–£180,000 | 0% |
£180,001–£250,000 | 3.5% |
£250,001 – £750,000 | 7.5% |
£750,001 – £1,500,000 | 10% |
£1,500,000+ | 12% |
Here’s an example for a property worth £300,000:
Total LBTT = £4,950
The amount of stamp duty you pay could change if you're a first time buyer, or if you're buying an additional property. As if it wasn't complicated enough, right? Read more about these stamp duty rates here.
Who pays stamp duty? At what stage of the process do you actually pay it? And if you're buying with someone else, do you both have to pay? See our stamp duty FAQs for tips on these questions and more.
We’ve helped over 180,000 people on the way to financing their home. Our powerful algorithm sorts through 20,000 mortgages from more than 90 lenders to find the perfect one for you. We combine this with top-tier mortgage expertise to deliver the most personalised, fast and convenient way to get a mortgage today.
FCA authorised
Completely free
Trusted by over 180,000
No surprise credit checks