How much is stamp duty?
Stamp duty is a tax paid to the Government by the buyer on completion. The amount payable depends on the purchase price: Purchase price Stamp duty Up to 60,000 Nil 60,001 to 250,000 1% of purchase price 250,001 to 500,000 3% of purchase price 500,001 and over 4% of purchase price If a separate price is agreed for fixtures e.g. carpets, curtains, cooker, this does not form part of the purchase price for the purposes of paying stamp duty.
