| Rates on sales |
% of Total Consideration |
| Shares and marketable securities (nil if value up to £1,000) |
0.5% |
| Land |
0 - threshold |
NIL |
| |
Threshold - £250,000 |
1% |
| |
£250,001 - £500,000 |
3% |
| |
£500,001 and over (all properties) |
4% |
| |
Over £1M (residential from 6.4.2011) |
5% |
| The threshold is: |
| |
£125,000 |
general residential property |
| |
£150,000 |
residential in "disadvantaged areas" |
| |
£150,000 |
commercial property |
|
| For the two years to 24.3.2012, first time buyers can claim relief from SDLT on purchases of up to £250,000 for property they intend to live in. |
