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What is the stamp duty rate for a Buy To Let?

You will be required to pay a 3% Stamp Duty Tax on any properties that cost over £125,000. The current Stamp Duty Rate as of April 1, 2016 are as follows:

  • 3% tax on the first £125,000
  • 5% on the portion from £125,001 to £250,000
  • 8% on the portion from £250,001 to £925,000
  • 13% on the portion from £925,001 to £1.5 million
  • 15% on everything over that £1.5 million

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What is the sum of 1 and 5?

This will be why Charleston have such a great reputation then!! Many thanks Andrew for the expeditious and favourable response, the offer ticks all the boxes and looks near a perfect match to what we are seeking!