If you’re buying a residential property investment in England or Northern Ireland you’ll have to pay Stamp Duty Land Tax. The bracket of duty you pay is influenced by the value of the property and why you’re buying it. If you’re a first-time investor, this might seem quite confusing, but don’t worry we’re here to help!
Use our super handy calculator to find out what you’ll have to pay if you decide to purchase an investment property. Our team of experts is on call if you’d like any further advice about your acquisition, including the use of limited companies to help you limit your capital gains exposure.
All you need to enter is the price of the property you’d like to buy, and the calculator will take care of the rest!
If you’d prefer to calculate stamp duty manually, we’ve summarised the 2023 higher rates in the following table:
|Up to £250,000
|The next £675,000 (the portion from £250,001 to £925,000)
|The next £575,000 (the portion from £925,001 to £1.5 million)
|The remaining amount (the portion above £1.5 million)
*please note you may have to pay a 2% surcharge if you have more than one other investment property, contact our team to find out more.
I recently exchanged contracts on my first purchase – and Jay Kang has been instrumental and absolutely brilliant throughout. Having been monitoring the property market for the best part of 18 months I finally decided to take the plunge.
To top it all off – the deal he secured for me was definitely an excellent one as well. As a first time buyer the entire process can seem a little daunting at first – but Jay was always there to provide a helping hand. Guiding me through the entire process and helping me chase up the solicitors as well.
Ricky at TK Property Group has been absolutely brilliant with our search for and purchase of investment properties. He’s really responsive, efficient, professional and great to work with.
If only all companies were like this to deal with!
Couldn’t have been more happy with the service I have received from TKPG so far. From initial information regarding property options, dealing with queries, sorting out individual circumstances with the sellers solicitors, advice, support and pretty much anything else I needed to email about!
Ricky has been fantastic in every regard, and has made the whole process as stress-free as possible. Now it’s just a case of waiting for the construction to complete and move in – the most exciting part! Thank you TKPG and especially Ricky. I shall continue to recommend you to friends and family!
I had a great experience working with tk property group very helpful polite. When i need any help they help.Reliable and honest.
First-time buyer: Off-plan property
This is my first time purchasing a property. I dealt with Ricky who was incredibly helpful. Despite my messy schedule, he was always available to answer my queries. He is very competent in all aspects of his job role and was promptly available to address any of my concerns. I recommend working with Ricky from TK Property Group. Thank you for making this nerve wracking experience a pleasant one!
Great customer service and support
Have been working with Ricky Murphy for several months across various projects. From day one he has been professional, courteous, and transparent. Would recommend TKPG to anyone looking at either residential or investment properties.
Dealt with John Rourke, excellent service and guided me right through each stage of the process.
Great effort and time spent meeting John on site to view the property at a weekend. Would highly recommend him, was always on hand and keeping in touch and I got a great deal too!
From start to finish of my investment purchase I received a first class service from Ricky who constantly updated me throughout and got me a great property. I’ll be speaking with him again early next year when expanding my portfolio further!
Off-market stamp duty contributions available on certain developments, contact our team to find out more