Could you be a 'homepreneur' during the Olympics?
07 Feb 2012
Stamp duty is the cost most mortgage borrowers are aware of. The tax is charged at different rates and has various thresholds for different types of property and different values of transaction.
Until March 2012 first-time buyers won't have to pay stamp duty on properties worth up to £250,000. Meanwhile, the rest of us have to pay stamp duty on properties worth £125,000 or more. Exactly how much you pay depends on the property price.
To work out how much stamp duty you'll have to pay, simply enter your property price and whether you are a first-time buyer or not in our calculator below and wait for the result.
