Stamp duty for individual landlords

In this guide

We’ve looked at limited company and corporate stamp duty surcharges. Now, let’s look from the perspective of a landlord purchasing their next buy-to-let property in their personal name.

This page has been updated for the October 2024 budget

On 30th October, the Chancellor announced changes to Stamp Duty Land Tax. This page has been updated to reflect the current rates.

How much stamp duty do landlords pay?

Like limited companies, when purchasing investment properties personally, such as a buy-to-let, holiday let or second home, the 5% surcharge applies on top of the residential stamp duty rates.

The exception to the this is first time buyers, who pay the standard rates of stamp duty and benefit from first time buyers’ relief, regardless of whether the property is purchased for use as their own home or as a buy-to-let.

Stamp Duty on second homes

If you’re buying an additional property, such as a second home you’ll have to pay an extra 5% in Stamp Duty on top of the standard rates.

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