# Stamp Duty on leasehold second property **URL:** \ **Category:** Property Investment\ **Created:** [3 December 2022 16:56 UTC](https://community.openrent.co.uk/t/stamp-duty-on-leasehold-second-property/42297 "2022-12-03T16:56:09Z")\ **Posts on this page:** 13\ **Page:** 1
**Author:** ![billyoung1](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/billyoung1/32/9284_2.png) [@billyoung1](https://community.openrent.co.uk/u/billyoung1)\ **Post date:** [3 December 2022 16:56 UTC](https://community.openrent.co.uk/t/stamp-duty-on-leasehold-second-property/42297/1 "2022-12-03T16:56:09Z")
I am in the process of buying a leasehold flat as a second property The buying price is £300000 . I looked at the governments website calculator and as it is a second property I though I would have to pay about £11500 stamp duty but my solicitor has quoted me me £14000 . I started the ball rolling in june 2022 . My question is do i have to pay even more stamp duty as its a leasehold property with a lease of 120 years ?? Any help would be greatly appreciated ---
**Author:** ![Colin3](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/colin3/32/450_2.png) [@Colin3](https://community.openrent.co.uk/u/Colin3)\ **Post date:** [3 December 2022 17:08 UTC](https://community.openrent.co.uk/t/stamp-duty-on-leasehold-second-property/42297/2 "2022-12-03T17:08:27Z")
Iam no expert but have bought freehold and very long leasehold (999) never heard of paying more for leasehold ---
**Author:** ![Mark10](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/mark10/32/11325_2.png) [@Mark10](https://community.openrent.co.uk/u/Mark10)\ **Post date:** [3 December 2022 17:27 UTC](https://community.openrent.co.uk/t/stamp-duty-on-leasehold-second-property/42297/3 "2022-12-03T17:27:15Z")
If the lease is being extended then you may pay duty on the cost of the extension if it’s over £40000 I believe. If not then I do not understand why there would be an additional fees outside of the £11500. ---
**Author:** ![Colin3](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/colin3/32/450_2.png) [@Colin3](https://community.openrent.co.uk/u/Colin3)\ **Post date:** [3 December 2022 17:32 UTC](https://community.openrent.co.uk/t/stamp-duty-on-leasehold-second-property/42297/4 "2022-12-03T17:32:27Z")
if there was more to pay surely your solicitor would have told you? ---
**Author:** ![billyoung1](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/billyoung1/32/9284_2.png) [@billyoung1](https://community.openrent.co.uk/u/billyoung1)\ **Post date:** [3 December 2022 19:15 UTC](https://community.openrent.co.uk/t/stamp-duty-on-leasehold-second-property/42297/5 "2022-12-03T19:15:12Z")
Hi Mark ,No the lease isnt being extended Ive emailed my solicitor to ask him to explain the £14000 ??? Original quote came from head office so hoping its an error ---
**Author:** ![Colin3](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/colin3/32/450_2.png) [@Colin3](https://community.openrent.co.uk/u/Colin3)\ **Post date:** [3 December 2022 19:19 UTC](https://community.openrent.co.uk/t/stamp-duty-on-leasehold-second-property/42297/6 "2022-12-03T19:19:02Z")
Google " how much stamp duty will I pay" ---
**Author:** ![Colin3](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/colin3/32/450_2.png) [@Colin3](https://community.openrent.co.uk/u/Colin3)\ **Post date:** [3 December 2022 19:33 UTC](https://community.openrent.co.uk/t/stamp-duty-on-leasehold-second-property/42297/7 "2022-12-03T19:33:19Z")
additional property comes up as £11500? ---
**Author:** ![Steve11](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/steve11/32/450_2.png) [@Steve11](https://community.openrent.co.uk/u/Steve11)\ **Post date:** [4 December 2022 08:34 UTC](https://community.openrent.co.uk/t/stamp-duty-on-leasehold-second-property/42297/8 "2022-12-04T08:34:11Z")
Solicitors do make mistakes on stamp duty calculations. It happened to me once. I questioned it and got an “oh yeah, sorry….” response…. ---
**Author:** ![billyoung1](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/billyoung1/32/9284_2.png) [@billyoung1](https://community.openrent.co.uk/u/billyoung1)\ **Post date:** [4 December 2022 11:21 UTC](https://community.openrent.co.uk/t/stamp-duty-on-leasehold-second-property/42297/9 "2022-12-04T11:21:33Z")
Thanks Steve ,fingers crossed ,started wondering if SDLT was vatable but doesnt appear to be ---
**Author:** ![David122](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/david122/32/1449_2.png) [@David122](https://community.openrent.co.uk/u/David122)\ **Post date:** [4 December 2022 11:48 UTC](https://community.openrent.co.uk/t/stamp-duty-on-leasehold-second-property/42297/10 "2022-12-04T11:48:21Z")
Have you factored in the additional 3% SDLT that you need to pay to own a second home? ---
**Author:** ![billyoung1](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/billyoung1/32/9284_2.png) [@billyoung1](https://community.openrent.co.uk/u/billyoung1)\ **Post date:** [4 December 2022 13:36 UTC](https://community.openrent.co.uk/t/stamp-duty-on-leasehold-second-property/42297/11 "2022-12-04T13:36:03Z")
Hi David ,yes something not right will speak to my solicitor in the morning ---
**Author:** ![billyoung1](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/billyoung1/32/9284_2.png) [@billyoung1](https://community.openrent.co.uk/u/billyoung1)\ **Post date:** [5 December 2022 11:11 UTC](https://community.openrent.co.uk/t/stamp-duty-on-leasehold-second-property/42297/12 "2022-12-05T11:11:22Z")
UPDATE Spoke to solicitor confirmed had been quoted wrong amount !!! all sorted now but thanks for the help folks ---
**Author:** ![system](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/system/32/11_2.png) [@system](https://community.openrent.co.uk/u/system)\ **Post date:** [16 August 2024 01:51 UTC](https://community.openrent.co.uk/t/stamp-duty-on-leasehold-second-property/42297/13 "2024-08-16T01:51:22Z")