Stamp Duty in the UK is the quaint old term for the government's slice of the action on your home purchase. That's right it's a tax.

It’s not just the seller who makes money when you buy a house. The Government gains too – in the form of stamp duty.

It makes around £5 billion a year from this 300-year-old property transfer tax.

Unless you’re buying in an area it has designated as ‘disadvantaged’, you’ll be obliged to pay if your chosen property costs more than £125,000.