Stamp Duty Land Tax Rates

Stamp Duty Land Tax (SDLT) is required to be paid when purchasing a property in the UK over a certain price. It is charged on purchases of flats and houses, as well as other land and buildings.

How much will I have to pay?

Stamp Duty is charged at different rates depending on the portion of the purchase price that falls into each tax band. 

Calculating SDLT Rates for residential properties

The Stamp Duty rates for residential properties are paid on the property price within each tax band. 

Stamp Duty payable for England - First-time buyers up to £500,000:

Purchase Price

        Stamp Duty %

£0 - £300,000

        0% (Zero)

£300,001 to £500,000 

        5%(£0 Stamp Duty to                pay up to £300,000)

Stamp Duty payable for England  - First-time buyers purchasing over £500,000 and existing Homeowners:

Purchase Price

Stamp Duty %

0 – £125,000

0% (Zero)

£125,001 to £250,000


£250,001 to £925,000


£925,001 to £1.5 million


More than £1.5m


Note that Stamp Duty rates are paid according to the part of the property price within each tax band. 

You’ll find a full breakdown of exactly what it means for you when buying a new home by visiting our Stamp Duty guide.

Disclaimer: This is for information only and should not be relied upon unless confirmed by a customer with their conveyancer.