£625,000 Property Transfer Tax & Mortgage in Greater London (2026)
Purchasing a £625,000 residential property in Greater London, United Kingdom incurs £18,750 in UK Stamp Duty Land Tax (SDLT) plus £2,200 in notary and land registry fees. With a 20% deposit (£125,000) and a 25-year mortgage at 4.62%, your monthly payment is £2,813/month.
Monthly Mortgage (25Y)
£2,813/mo
Loan: £500,000 @ 4.62%
Property Transfer Tax
£18,750
UK Stamp Duty Land Tax (SDLT)
Notary & Registry
£2,200
Total Closing: £20,950
Total Cash Needed
£145,950
20% Deposit + Closing Tax
Complete Closing Cost & Mortgage Amortization Table
| Property Purchase Price | £625,000 |
| UK Stamp Duty Land Tax (SDLT) (3.00%) | £18,750 |
| Notary & Land Registry Fees | £2,200 |
| Total Non-Recoverable Closing Costs | £20,950 |
| 20% Down Payment (Deposit) | £125,000 |
| Total Upfront Cash Required at Closing | £145,950 |
| Mortgage Principal Financed (80% LTV) | £500,000 |
| Monthly Principal & Interest (25 Years @ 4.62%) | £2,813.33 / month |
| Total Interest Over 25 Years | £343,998 |