When purchasing a buy to let property, the Stamp Duty will be higher than when purchasing your own home. The rates for a second property are based on the purchase price of the property and are calculated as follows:
The higher rates from 1 April 2025
Property or lease premium or transfer value
SDLT rate
Up to £125,000
5%
The next £125,000 (the portion from £125,001 to £250,000)
7%
The next £675,000 (the portion from £250,001 to £925,000)
10%
The next £575,000 (the portion from £925,001 to £1.5 million)
15%
The remaining amount (the portion above £1.5 million)
17%