Kolaboro / Guides / Taxes and fees on buying off-plan in England
Taxes and fees on buying off-plan in England
The purchase taxes and fees of our cost calculator in England, each with its source, worked out on the published prices of the 27 projects we track there.
Taxes and fees
| Tax or fee | Rate | Source |
|---|---|---|
| Stamp Duty Land Tax (England and Northern Ireland) | 0 % - 12 % | gov.uk |
Before surcharges: plus 5 % on every band if you will own more than one home, plus 2 % if you are not UK resident.
What they come to on published prices
At the lower quartile, median and upper quartile of the published “from” prices of 27 projects we track in England, in GBP. Prices as published, nothing converted.
| Price point | Published price | Taxes and fees |
|---|---|---|
| Lower quartile | £216,975 | £1,840 |
| Median | £337,263 | £6,863 |
| Upper quartile | £627,500 | £21,375 |
Projects near the median price
- Edition Birmingham, Centenary Tower: £337,263 + £6,863
- The Gateway: £359,950 + £7,998
- Contour, New Jackson: £307,950 + £5,398
- West Gate, St John's Waterside: £297,500 + £4,875
- Boulevard (Phase 2, Blocks A1 to A6): £250,000 + £2,500
- Kingfisher, Red Bank Riverside: £250,000 + £2,500
Open the calculator with your own figures
Questions and answers
How much are the taxes and fees when buying off-plan in England?
Stamp Duty Land Tax (England and Northern Ireland) 0 % - 12 %. At the median published price of the projects we track (£337,263), they come to about £6,863.
Typical figures from the sources listed, read for our calculator; notaries, lawyers and the tax office give the final amounts. Not tax advice.