Calculator
Calculate the document duty payable on your mortgage.
Under Guernsey law, document duty is payable on any property purchased in Guernsey, although there are some exemptions. It is charged on the value of the property and not its contents. This split in value is typically 2.5% for contents and 97.5% for the property. The amount is paid by the purchaser
The amount of duty payable depends upon the value of the property and is calculated as follows:
- 2.25% of the value of the transaction not exceeding £250,000; and
- 3.50% of any part of the value of the transaction exceeding £250,000 but not exceeding £400,000; and
- 4.00% of any part of the value of the transaction exceeding £400,000 but not exceeding £750,000; and
- 4.25% of any part of the value of the transaction exceeding £750,000 but not exceeding £1,000,000; and
- 4.50% of any part of the value of the transaction exceeding £1,000,000 but not exceeding £2,000,000; and.
- 5.50% of any part of the value of the transaction exceeding £2,000,000.
Alderney rates are slightly different and they can be found here.
Please note that purchasers of residential properties that will not be their principal private residence will be charged at a higher rate. Further details can be found here.
Calculator
Calculate the document duty payable on your mortgage.
The following information is provided for indicative purposes only. In order to procure a definitive quote you should contact your lawyer setting out the relevant circumstances. This firm accepts no responsibility for the information provided. Please contact us if the property you are buying is not going to be your principal private residence, i.e. a buy to let investment. Additional document duty will be payable in such cases.
Purchase Price: