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How stamp duty works when you buy a home in the UK

Published · Free UK Tools editorial

Stamp duty is the informal name for the tax you may pay when you buy a property. The formal names differ by nation: Stamp Duty Land Tax (SDLT) in England and Northern Ireland, Land and Buildings Transaction Tax (LBTT) in Scotland, and Land Transaction Tax (LTT) in Wales. The idea is shared — a tax on the purchase price — but the bands, reliefs and surcharges are not.

This guide is a buyer’s explanation, not a conveyancing manual. Deadlines, eligibility and replacements of a main home have legal tests. Use it to budget, then confirm with your solicitor and the official pages linked at the end.

It is usually a slice tax, not a flat percentage of the whole price

A common mistake is to multiply the whole purchase price by one rate. Residential stamp duty-style taxes are typically progressive: each band of the price is taxed at that band’s rate, then the slices are added up. That is why the effective rate (tax ÷ price) is lower than the top rate you touch, and why crossing a threshold can change the bill more than a buyer expects.

Think of it like Income Tax bands, but applied to a house price instead of a salary. A small price cut that drops you into a lower slice can save more tax than the same cut in the middle of a band.

England and Northern Ireland (SDLT) — a standard residential walk-through

This site’s calculator uses the commonly published residential SDLT structure from 1 April 2025: 0% on the first £125,000, 2% on the next £125,000 (the slice from £125,001 to £250,000), then 5% on the next slice, with higher rates on more expensive homes. First-time buyer relief and the additional-property surcharge sit on top of that skeleton.

Worked example: a £300,000 main residence in England, not a first-time buyer and not an additional property. The first £125,000 is charged at 0% (£0). The next £125,000 is charged at 2% (£2,500). The remaining £50,000 is charged at 5% (£2,500). Estimated SDLT is £5,000 — an effective rate of about 1.67%, not 5% of £300,000.

£300,000 standard residential SDLT (England & NI, this site’s 1 April 2025 structure).
Slice of the priceRateTax on that slice
£0 – £125,0000%£0
£125,001 – £250,0002%£2,500
£250,001 – £300,0005%£2,500
Total£5,000

£300,000 standard residential SDLT (England & NI, this site’s 1 April 2025 structure).

First-time buyers are not always “zero stamp duty”

Eligible first-time buyers in England and Northern Ireland may pay 0% up to £300,000 and 5% on the portion from £300,001 to £500,000, but only when the purchase price is £500,000 or less and they meet the legal tests (typically never having owned a residential property, and intending to live in the home). Above £500,000, first-time relief usually falls away and standard rates apply to the whole price.

On this site’s model, an eligible first-time buyer of a £400,000 home pays 0% on the first £300,000 and 5% on the remaining £100,000 = £5,000. That is the same cash tax as the £300,000 standard example above, but a lower effective rate (1.25%) because the price is higher.

“First-time buyer” is a legal status, not a vibe. Joint purchases can fail the test if one buyer has owned before. Check the HMRC rules rather than assuming the relief.

Additional properties usually cost more

Buying a second home or a buy-to-let while you already own a dwelling typically attracts a surcharge on top of the standard residential rates. Replacing a main residence — selling one home and buying another — has special timing rules. Those rules are easy to get wrong in a web form, which is why our calculator labels additional-property results as a simplified model.

If you are moving home and there will be a period when you own two properties, speak to your conveyancer before you treat a surcharge estimate as final. Refunds and time limits exist in some cases; they are not automatic.

Scotland and Wales set their own taxes

Scotland’s LBTT and Wales’s LTT are separate taxes with their own thresholds, first-time buyer treatment and higher rates for additional dwellings. You cannot safely apply an English SDLT table to a Glasgow or Cardiff purchase. Choose the correct nation in the stamp duty calculator so the bands match the country of the property — not where you currently live, if those differ.

Each tax authority publishes official calculators and guidance. Ours is a planning estimate with a band breakdown you can copy into a budget. The filing and payment is almost always handled by the conveyancer around completion.

Where stamp duty sits in a house-buying budget

Stamp duty is an upfront cost, usually due shortly after completion (for SDLT, often within 14 days — your solicitor will confirm the deadline). It sits alongside the deposit, legal fees, survey and any broker fee. It is not a monthly outgoing like the mortgage or Council Tax.

A practical sequence on this site: estimate purchase tax here, monthly repayment on the mortgage calculator, ongoing local tax on the Council Tax helper, and whether the salary supports that monthly total on the take-home calculator. Savings pay the stamp duty; net pay services the loan.

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Official sources

Frequently asked questions

Is stamp duty the same everywhere in the UK?
No. England and Northern Ireland use SDLT. Scotland uses LBTT. Wales uses LTT. Rates and reliefs differ.
Do I pay the top rate on the whole house price?
Usually not. Each slice of the price is taxed at that band’s rate, then added up.
When is it paid?
Typically around completion, with a short filing window. Your conveyancer normally files the return and arranges payment.

Guidance only — not financial, tax or legal advice. Confirm important figures with official sources or a qualified professional. See how we build calculators on the methodology page.