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