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Investment Property Stamp Duty Calculator 2025

Calculate SDLT on investment property purchases including the 5% surcharge

Calculate Your Stamp Duty

£

5% Investment Property Surcharge

Investment property purchases are subject to a 5% surcharge on top of standard SDLT rates. This applies to the entire purchase price from £0, not just amounts above thresholds.

  • Applies if you already own any residential property
  • Same rate as buy-to-let and second homes
  • No first-time buyer relief available
  • Companies may face 15% rate on properties over £500,000

Investment Property SDLT Rates 2025

These rates include the 5% additional property surcharge that applies to all investment property purchases when you already own property.

Investment Property Stamp Duty Rates (with 5% surcharge)

BandRate
Up to £250,0005%
£250,001 to £925,00010%
£925,001 to £1.5m15%
Over £1.5m17%

Rates include the 5% additional property surcharge. Standard rates are 5% lower on each band.

Example Investment Property Calculations

Calculation Breakdown

England & NI (SDLT)Additional Property

Property Price

£300,000

Up to £250,000

on £250,000

£7,500

£250,001 to £925,000

on £50,000

£4,000

Additional Property Surcharge

+£15,000

Total Tax Due

£11,500

Effective rate: 3.83%

Calculation Breakdown

England & NI (SDLT)Additional Property

Property Price

£500,000

Up to £250,000

on £250,000

£7,500

£250,001 to £925,000

on £250,000

£20,000

Additional Property Surcharge

+£25,000

Total Tax Due

£27,500

Effective rate: 5.50%

Investment Property vs Buy-to-Let: Stamp Duty Comparison

From a stamp duty perspective, investment properties and buy-to-let properties are treated identically. Both attract the same 5% surcharge:

FactorInvestment PropertyBuy-to-Let
5% SurchargeYesYes
First-Time Buyer ReliefNoNo
Company 15% Rate (over £500k)PossiblePossible
Refund if Replacing Main ResidenceNoNo

The main differences between investment property and buy-to-let relate to income tax treatment, not stamp duty. Consult a tax advisor for guidance on ongoing tax implications.

Investment Property Stamp Duty Costs

Property PriceStandard RateInvestment RateSurcharge Cost
£200,000£0£10,00010,000
£300,000£2,500£17,50015,000
£400,000£7,500£27,50020,000
£500,000£12,500£37,50025,000
£750,000£25,000£62,50037,500
£1,000,000£41,250£91,25050,000

Buying Investment Property Through a Limited Company

Many property investors consider purchasing through a Special Purpose Vehicle (SPV) limited company. The stamp duty implications are:

  • 5% surcharge still applies - companies pay the same additional rate as individuals on residential property
  • 15% flat rate - applies to residential properties over £500,000 bought by companies (with exemptions for genuine property rental businesses running on a commercial basis)
  • ATED - Annual Tax on Enveloped Dwellings may apply to company-owned properties valued over £500,000
  • Mortgage interest - companies can fully offset mortgage interest against rental profits, unlike individuals

The decision between personal and company ownership depends on your tax situation, investment strategy, and long-term plans. Always consult a qualified tax advisor.

Official Resources

Understanding Investment Property Stamp Duty in 2025

When purchasing an investment property in England or Northern Ireland, you'll pay Stamp Duty Land Tax (SDLT) at higher rates than standard residential purchases. The 5% additional property surcharge (increased from 3% in October 2024) applies to all investment properties, regardless of whether you intend to let them out or hold them for capital appreciation.

What Counts as an Investment Property?

For stamp duty purposes, an investment property is any residential property that won't be your main residence. This includes:

  • Buy-to-let properties rented to tenants
  • Properties held for capital growth without letting
  • Holiday lets and short-term rental properties
  • Second homes and holiday homes
  • Properties bought through limited companies or SPVs

The 5% Investment Property Surcharge

The additional 5% surcharge applies if, at the end of the day of purchase, you'll own two or more residential properties. Unlike the standard SDLT bands, this surcharge is added to every band, starting from £0. This means:

  • On a £300,000 investment property: £15,000 surcharge alone (5% of £300,000)
  • The surcharge is added ON TOP of the standard SDLT calculation
  • Properties owned anywhere in the world count towards the two-property test

Investment Property Stamp Duty Calculator: How It Works

Our investment property stamp duty calculator applies the correct rates automatically when you select "Additional Property" as your buyer type. The calculation includes:

  • Standard SDLT rates applied in bands
  • 5% surcharge on the entire purchase price
  • Clear breakdown showing the surcharge component

Stamp Duty Calculator Investment Property: Regional Differences

If your investment property is in Scotland, you'll pay Land and Buildings Transaction Tax (LBTT) with a 6% Additional Dwelling Supplement (ADS) - higher than England's 5% surcharge.

In Wales, you'll pay Land Transaction Tax (LTT) with a 4% higher rate for additional properties - lower than both England and Scotland.

Can You Reduce Investment Property Stamp Duty?

Unlike main residence purchases, there's no first-time buyer relief for investment properties. However, some strategies may help:

  • Mixed-use properties: Commercial rates may apply if the property has a commercial element, potentially reducing the overall tax
  • Multiple Dwellings Relief: Buying multiple properties in one transaction may qualify for relief (being phased out in 2024)
  • Timing: Selling your only other property before completing means you won't own two properties simultaneously

Investment Property vs Buy-to-Let: Tax Implications

While stamp duty is identical for investment properties and buy-to-lets, the ongoing tax treatment differs:

  • Rental income: Taxed as income for both, but allowable expenses differ between personal and company ownership
  • Capital gains: Personal ownership benefits from annual CGT allowance; companies pay corporation tax on gains
  • Mortgage interest: Companies can fully deduct mortgage interest; individuals receive only a 20% tax credit

Use our stamp duty calculator for investment property to see exactly how much you'll pay, then consult a tax advisor for comprehensive planning advice covering income tax, capital gains, and inheritance tax implications.

Frequently Asked Questions

What is the stamp duty on investment property?
Investment properties are subject to the 5% additional property surcharge on top of standard SDLT rates. This surcharge applies to the entire purchase price from £0, not just amounts above certain thresholds. For example, on a £400,000 investment property, you'd pay £20,000 (5%) as a surcharge plus the standard SDLT amount.
Is investment property stamp duty the same as buy-to-let?
Yes, investment properties and buy-to-let properties are treated identically for stamp duty purposes. Both attract the 5% additional property surcharge. The key factor is that you'll own more than one residential property after the purchase, regardless of whether you intend to let it out or hold it for capital appreciation.
Can I avoid the 5% surcharge on investment property?
The surcharge applies if you'll own two or more residential properties after the purchase. The only ways to avoid it are: buying a property under £40,000 (exempt), buying commercial or mixed-use property (different rates apply), or selling your existing property before completing on the new one so you only own one property.
Should I buy investment property personally or through a company?
Both options have the 5% surcharge, but companies face a potential 15% flat rate for properties over £500,000 (with exemptions for genuine property rental businesses). Companies can offset mortgage interest against profits, which individuals can't do as effectively since 2020. Consider Capital Gains Tax implications too - consult a tax advisor for your specific situation.
Does the investment property surcharge apply to my first property?
If you're buying your very first property and intend to live in it, no surcharge applies. However, if you're buying an investment property as your first purchase while intending to live elsewhere (e.g., renting your home), the surcharge would apply. The property you intend to occupy as your main residence is the key factor.
How does stamp duty affect investment property yields?
Stamp duty is a significant upfront cost that reduces your effective yield, especially in the first few years. For example, £22,500 stamp duty on a £300,000 property adds 7.5% to your purchase costs. This is money that could otherwise generate returns, so factor it into your yield calculations when comparing investment opportunities.

Related Calculators

Official Government Resources

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