Not legal/financial advice: The buyer pays stamp duty or Stamp Duty Land Tax (SDLT).
You have to pay SDLT if you buy a property in the UK over a certain price. This is charged on all purchases of flats, houses and other land and buildings.
The SDLT rate depends on:
- The purchase price of the property
- Whether the property is residential
SDLT may also be due if you lease a property. You can check the rates of SLDT at Gov.uk - Stamp Duty Land Tax Rates.
Find out how to pay Stamp Duty at HM Revenue and Customs - Stamp Duty.