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You have to pay Stamp Duty (or Stamp Duty Land Tax, to give it its full name) if you buy a property in the UK.
From 1 April 2016, Stamp Duty Land Tax will increase by 3% on top of current rates, for purchases of additional residential properties, such as buy to let properties and second homes.
Use this calculator to work out how much Stamp Duty you'll need to pay.
Simply enter the purchase price and select calculated stamp duty
