£650,000 Property Transfer Tax & Mortgage in Greater London (2026)
Purchasing a £650,000 residential property in Greater London, United Kingdom incurs £20,000 in UK Stamp Duty Land Tax (SDLT) plus £2,200 in notary and land registry fees. With a 20% deposit (£130,000) and a 25-year mortgage at 4.62%, your monthly payment is £2,926/month.
Monthly Mortgage (25Y)
£2,926/mo
Loan: £520,000 @ 4.62%
Property Transfer Tax
£20,000
UK Stamp Duty Land Tax (SDLT)
Notary & Registry
£2,200
Total Closing: £22,200
Total Cash Needed
£152,200
20% Deposit + Closing Tax
Complete Closing Cost & Mortgage Amortization Table
| Property Purchase Price | £650,000 |
| UK Stamp Duty Land Tax (SDLT) (3.08%) | £20,000 |
| Notary & Land Registry Fees | £2,200 |
| Total Non-Recoverable Closing Costs | £22,200 |
| 20% Down Payment (Deposit) | £130,000 |
| Total Upfront Cash Required at Closing | £152,200 |
| Mortgage Principal Financed (80% LTV) | £520,000 |
| Monthly Principal & Interest (25 Years @ 4.62%) | £2,925.86 / month |
| Total Interest Over 25 Years | £357,758 |