Stamp duty on property purchase, transfer and death

11.1.50 Updated on:27 October 2021

What is stamp duty?

Stamp duty is a government charge or fee that has to be paid on certain transactions.  Different types of transaction have different amounts of stamp duty that are payable.

How is stamp duty paid?

To pay stamp duty, special stamps need to be purchased from Customer and Local Services, Phillip Le Feuvre House, La Motte Street, St Helier, Jersey, JE4 8PE. A receipt will be attached onto the document that relates to the transaction e.g. a will, a contract of purchase etc.

The information below is a summary of the amount of stamp duty that is payable in the circumstances below. A stamp duty calculator is available on the Government website here.

Residential Property

On house purchase [freehold]

Value/Consideration of the property Duty payable
Value does not exceed £50,000 50p for each £100 or part of £100, with a minimum fee of £10
£50,000 to £300,000 £250 for the first £50,000 plus £1.50 for each £100 or part of £100 in excess thereof
£300,000 to £500,000 £4,000 for the first £300,000 plus £2 for each £100 or part of £100 in excess thereof
£500,000 to £700,000 £8,000 for the first £500,000 plus £2.50 for each £100 or part of £100 in excess thereof
£700,000 to £1,000,000 £13,000 for the first £700,000 plus £3 for each £100 or part of £100 in excess thereof
£1,000,000 to £1,500,000 £22,000 for the first £1,000,000 plus £4 for each £100 or part of £100 in excess thereof
£1,500,000 to £2,000,000 £42,000 for the first £1,500,000 plus £5 for each £100 or part of £100 in excess thereof
£2,000,000 to £3,000,000 £67,000 for the first £2,000,000 plus £6 for each £100 or part of £100 in excess thereof
£3,000,000 to £6,000,000 £127,000 for the first £3,000,000 plus £8 for each £100 or part of £100 in excess thereof
Exceeds £6,000,000 £367,000 for the first £6,000,000 plus £9 for each £100 or part of £100 in excess thereof

The above will also incur £80 registration fee and £20 Jurat stamp.

Transfer of property with no cash consideration e.g. gifts

Same rate as above

Transfer of property on divorce, separation or within a marriage or civil partnership

If transfer is by reason of a Court Order or Out of Court Settlement under the Matrimonial Causes (Jersey) Law 1949, the fee is £5 per page of application with a minimum of £10.

When the matrimonial home is owned solely by one party of a marriage it can be transferred to joint ownership. The fee payable is £5 per page with a minimum fee of £10.

When the matrimonial home is jointly owned it can be transferred to the sole ownership of one party of the marriage. The fee payable is £5 per page with a minimum fee of £10.

Transfer of property for co-habiting couples

Concession on stamp duty does not apply but Registrar of Deeds has discretion if a couple have been co-habiting for many years. Each case is considered individually.

First Time Buyers Purchase

Please click here for information on first time buyers. On a house or land purchase on which a dwelling is to be built for own occupation

Property Value Duty Payable
Does not exceed £300,000 NIL
Exceeds £300,000 but does not exceed £400,000 NIL in respect of the first £300,000 plus £1 for each £100 or part of £100 in excess thereof
Exceeds £400,000 but does not exceed £450,000 The amount of duty payable under the normal scale (without first time buyer reduction) reduced by the following formula: 5000-((Value of property – 400,000) x 10%)

The above will also incur £80 registration fee and £20 Jurat stamps

Stamp Duty Rates to Register a Mortgage

Reduced rates

If you qualify as a first time buyer or are purchasing a property under £450,000 for your own occupation, the rate of duty is :

  • nil for the first £350,000 of the amount borrowed and
  • if above £350,000 but below £450,000 then the rate payable will be 0.25% on the amount above £350,000 but below £450,000, subject to a minimum of £25.

In all cases an £80 registration fee is payable.

Changing Mortgage Provider

Where the amount borrowed is less than or equal to the unpaid amount then duty will only be the £80 registration fee. Where the borrowing is greater than the unpaid amount, then duty will be £80 on the unpaid amount plus ½% for the portion that is greater.

The transaction must fulfil all the following conditions:

  • all the same persons have acknowledged indebtedness in both the new borrowing document and the registered borrowing document;
  • the borrowing applies to a dwelling that is owned and occupied by the person who has acknowledged indebtedness as their sole place of residence in Jersey and the owner and occupier of the dwelling on the date of registration of the registered borrowing document are the same owner and occupier of the dwelling on the date on which the new borrowing document is to be registered; and
  • the new borrowing document and the registered borrowing document relate to the same dwelling or where the dwelling is not yet constructed, the new borrowing document and the registered borrowing document relate to the same land and the construction of that dwelling on it.

Normal Mortgages

50p for each £100 or part of £100 of the amount being registered subject to a minimum of £5. The above will also incur £80 registration fee.

Transfer of immovable property in a will

Property devised in a will of Realty will need to be registered with the Public Registry at the Judicial Greffe, Royal Court House, Royal Square, St Helier. There is duty payable upon application to register and a fee of £80 for a professional application and a fee of £200 for a personal application to register a will of immovable estate.

Value of the estate Duty payable
Value does not exceed £50,000 50p for each £100 or part of £100, with a minimum fee of £12
£50,000 to £300,000 £250 for the first £50,000 plus £1.50 for each £100 or part of £100 in excess thereof
£300,000 to £500,000 £4,000 for the first £300,000 plus £2 for each £100 or part of £100 in excess thereof
£500,000 to £700,000 £8,000 for the first £500,000 plus £2.50 for each £100 or part of £100 in excess thereof
£700,000 to £1,000,000 £13,000 for the first £700,000 plus £3 for each £100 or part of £100 in excess thereof
£1,000,000 to £1,500,000 £22,000 for the first £1,000,000 plus £4 for each £100 or part of £100 in excess thereof
£1,500,000 to £2,000,000 £42,000 for the first £1,500,000 plus £5 for each £100 or part of £100 in excess thereof
£2,000,000 to £3,000,000 £67,000 for the first £2,000,000 plus £6 for each £100 or part of £100 in excess thereof
£3,000,000 to £6,000,000 £127,000 for the first £3,000,000 plus £8 for each £100 or part of £100 in excess thereof
Exceeds £6,000,000 £367,000 for the first £6,000,000 plus £9 for each £100 or part of £100 in excess thereof

In certain circumstances the Public Registry will require two valuations of the property when the application is from a member of the public. Application by a legal adviser is recommended if the property is not left to the immediate heirs.

If the beneficiary under the will is the same person to whom the property would have passed on an intestacy, the fee shall be £80 in the case of a professional application for each document registered and in any other case £200 for each document registered.

On the annulment of a will by the Court, on application the Greffier will issue a certificate authorising the Treasurer of the States to reimburse to the applicant the amount of the fee originally paid or so much thereof as the Greffier shall determine.

Dealing with the matrimonial home in a Will of Immovable Estate

If the matrimonial home was bought as joint ownership, the interest in the property passes to the surviving spouse. There is no need to register the will of immovable property.

If the matrimonial home was bought as owners in common or owned entirely by the deceased spouse, the interest in the property passes to their heirs.

If the beneficiary under the will is the same person to whom the property would have passed on an intestacy, the fee is £200 for a personal application or £80 in the case of a professional application.

Where the testator devises to his spouse a property which, at the time of his death was their matrimonial home, the net value of that property shall be disregarded in determining the net value of the immovable property devised.

Stamp duty on personal estate

  • If the net value of the personal estate is less than £10,000 there is no fee.
  • If the net value exceeds £10,000 but is under £100,000 the fee is £50 for each £10,000 or part thereof.
  • If the net value exceeds £100,000 the fee is £500 in respect of the first £100,000 plus £75 for each additional £10,000 or part thereof.
  • There is a sliding scale for fees for a personal application for probate or letters of administration.