Stamp duty

How much is stamp duty?

Stamp duty is a tax on buying property, charged in progressive bands on the purchase price. How much you pay depends on the price, which UK nation the property is in, and whether you're a first-time buyer or buying an additional home. This guide shows the live rates, worked examples and the exact steps to calculate your own bill.

Last reviewed 26 June 2026

In short

Stamp duty is charged in progressive bands, so you only pay each rate on the slice of the price within that band. In England and Northern Ireland, standard buyers pay 0% up to £125,000, 2% to £250,000, 5% to £925,000, then 10% and 12%. Scotland (LBTT) and Wales (LTT) use different thresholds. On a £300,000 home a standard buyer pays around £5,000 in England, with first-time buyers paying less. Stamp duty is cash due within 14 to 30 days of completion and usually cannot be added to your mortgage.

How stamp duty works

All four UK nations charge a progressive, banded property tax. You pay the rate for each band only on the portion of the price that falls within it, never the headline rate on the whole purchase. This is why effective tax rates always look lower than the top band you reach.

England and Northern Ireland charge Stamp Duty Land Tax (SDLT). Scotland charges Land and Buildings Transaction Tax (LBTT) via Revenue Scotland. Wales charges Land Transaction Tax (LTT) via the Welsh Revenue Authority. The structure is similar everywhere, but the thresholds and the relief available to first-time buyers differ by nation.

Two factors then change the figure further: whether you qualify as a first-time buyer (lower bills, where relief applies) and whether you are buying an additional property such as a second home or buy-to-let (a surcharge added on top).

Standard-buyer stamp duty by nation

Tax due for someone buying a single main residence (not a first-time buyer, not an additional property).

Purchase priceEnglandScotlandWalesNorthern Ireland
£200,000£1,500£1,100£0£1,500
£300,000£5,000£4,600£4,500£5,000
£400,000£10,000£13,350£10,500£10,000
£500,000£15,000£23,350£18,000£15,000
£750,000£27,500£48,350£36,750£27,500

First-time buyer stamp duty by nation

Tax due for an eligible first-time buyer purchasing their only home.

Purchase priceEnglandScotlandWalesNorthern Ireland
£200,000£0£500£0£0
£300,000£0£4,000£4,500£0
£400,000£5,000£12,750£10,500£5,000
£500,000£10,000£22,750£18,000£10,000
£750,000£27,500£47,750£36,750£27,500

How to calculate your stamp duty

Work it out in five steps before you make an offer, so the cash figure never surprises you.

  1. Confirm the nation

    Decide which regime applies: SDLT in England and Northern Ireland, LBTT in Scotland, LTT in Wales. The bands and thresholds differ, so this comes first.

  2. Establish your buyer status

    Are you a first-time buyer, a standard mover, or buying an additional property? Each path uses a different rate set.

  3. Split the price into bands

    Divide the purchase price across the relevant thresholds and apply each band's rate only to the slice within it.

  4. Add any surcharge

    If it is an additional property, add the surcharge for that nation on top of the standard figure.

  5. Add it to your cash budget

    Stamp duty is cash at completion, so add it to your deposit, legal fees and survey to see the true cash you need.

England & Northern Ireland (SDLT) standard bands

Portion of priceRate
£0 – £125,0000%
£125,000 – £250,0002%
£250,000 – £925,0005%
£925,000 – £1,500,00010%
£1,500,000+12%

SDLT bands effective 1 April 2025.

Scotland (LBTT) standard bands

Portion of priceRate
£0 – £145,0000%
£145,000 – £250,0002%
£250,000 – £325,0005%
£325,000 – £750,00010%
£750,000+12%

LBTT bands effective 1 April 2025.

Wales (LTT) standard bands

Portion of priceRate
£0 – £225,0000%
£225,000 – £400,0006%
£400,000 – £750,0007.5%
£750,000 – £1,500,00010%
£1,500,000+12%

LTT bands effective 11 December 2024.

Who pays stamp duty and when

  • The buyer pays stamp duty, not the seller.
  • It is due within 14 days of completion in England and Northern Ireland, and within 30 days in Scotland and Wales.
  • It is cash at completion and usually cannot be added to your mortgage.
  • Your solicitor or conveyancer normally files the return and pays it on your behalf from your completion funds.
  • A return is required even when no tax is due, so the paperwork happens on every purchase.

Reliefs and exemptions that change the bill

First-time buyer relief lowers or removes the tax for eligible buyers up to a price cap, and is the most common way buyers reduce their bill. It applies only where every buyer named on the purchase is a genuine first-time buyer.

Other situations can change the figure too: transfers as part of a divorce settlement, property left in a will, and certain transfers between spouses may be exempt or taxed differently. Mixed-use property and the purchase of six or more dwellings in a single transaction can be assessed under non-residential rules, which sometimes produce a lower bill.

Figures stay current

These tables are generated directly from the current tax bands (SDLT effective 1 April 2025; LTT effective 11 December 2024), so they update automatically when legislation changes. Always confirm the live rates on the official sites before completing.

Common questions

How much is stamp duty on a £300,000 house?

A standard buyer purchasing a £300,000 main residence pays about £5,000 in England and Northern Ireland. Scotland and Wales charge different amounts because their bands differ, and first-time buyers pay less where relief applies.

Who pays stamp duty, the buyer or the seller?

The buyer always pays stamp duty. The seller has no stamp duty liability on the sale. Your solicitor usually submits the return and pays the tax from your completion funds.

When do you pay stamp duty?

Stamp duty must be paid within 14 days of completion in England and Northern Ireland, and within 30 days in Scotland (LBTT) and Wales (LTT). It is cash due at completion and normally cannot be added to your mortgage.

Can I add stamp duty to my mortgage?

Not directly. Stamp duty is a cash cost at completion. You could in theory borrow a larger mortgage and use freed-up savings to pay it, but lenders assess affordability and loan-to-value, so most buyers simply budget the tax as cash.

Do first-time buyers pay stamp duty?

Often less, and sometimes nothing, up to a price cap. First-time buyer relief reduces the tax in England, Northern Ireland and Scotland, and the threshold differs by nation. Above the cap, standard rates apply to the excess.

Is stamp duty charged on the whole price or just part of it?

Only the slice within each band is taxed at that band's rate. You never pay the top rate on the entire price, which is why the effective rate is always lower than the headline band you reach.

Do I pay stamp duty if I'm buying with someone who already owns a home?

If any buyer already owns a residential property, the purchase can be treated as an additional property and attract the surcharge, and first-time buyer relief is lost. The status of every named buyer matters.

Is stamp duty different in Scotland and Wales?

Yes. Scotland charges LBTT and Wales charges LTT, each with its own thresholds and rates that differ from SDLT in England and Northern Ireland. Always check the regime for the nation where the property sits.

Sources

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