Stamp Duty UK 2026: Rates, First-Time Buyer Relief and How to Calculate Your Bill

Stamp Duty Land Tax is payable when buying property in England and Northern Ireland.

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Current SDLT Rates (Standard Residential)

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Up to 250,000 pounds: 0% 250,001 to 925,000 pounds: 5% 925,001 to 1.5 million pounds: 10% Over 1.5 million pounds: 12%

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First-Time Buyer Relief

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First-time buyers pay no SDLT on the first 300,000 pounds and 5% on the portion from 300,001 to 500,000 pounds.

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Example: A first-time buyer purchasing at 400,000 pounds pays 5,000 pounds in SDLT.

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Additional Dwellings Surcharge

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Buyers of second homes or buy-to-let properties pay an additional 3% on top of standard rates from the first pound.

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Scotland and Wales

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Separate systems apply in Scotland (LBTT) and Wales (LTT) with different rates and thresholds.

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