How it works
Tax is charged in bands. Eligible first-time buyers pay no tax on the first £300,000 for purchases up to £500,000.
A worked example
A £350,000 main-home purchase at standard rates attracts £7,500 SDLT. An eligible first-time buyer pays £2,500.
What to keep in mind
England and Northern Ireland only; Scotland uses LBTT and Wales uses LTT. Standard residential purchases, current rates checked 7 October 2026. Additional-home and non-resident surcharges included; excludes leases, companies, linked transactions and special reliefs. All first-time-buyer eligibility conditions must be met.
Stamp Duty bands for home movers
Stamp Duty is charged in slices: 0% up to £125,000, 2% from £125,001 to £250,000, 5% from £250,001 to £925,000, 10% from £925,001 to £1.5 million and 12% above that. A £350,000 home costs £7,500 in Stamp Duty.
First-time buyer relief
Eligible first-time buyers pay nothing on the first £300,000 and 5% on the portion from £300,001 to £500,000. A £350,000 first home costs £2,500. Above £500,000, the relief does not apply and standard rates are used.
Additional properties
Buying a second home or buy-to-let adds a surcharge to every band. A £250,000 additional property costs £15,000 and a £350,000 one costs £25,000.
Stamp Duty at common prices
At £250,000: £2,500 for a mover, £0 for a first-time buyer. At £500,000: £15,000 for a mover, £10,000 for a first-time buyer.
Frequently asked questions
How much Stamp Duty will I pay on £300,000?
£5,000 as a home mover, or nothing as an eligible first-time buyer.
When do I pay Stamp Duty?
Your solicitor usually pays it on your behalf within 14 days of completion.
Can I use this for a home in Scotland or Wales?
No. Those countries have separate property taxes. This calculator covers England and Northern Ireland only.
Sources & rates
Rates checked on 7 October 2026.
For general information and planning, not personalised financial or tax advice. Verify important decisions with a qualified adviser.