Estimate Stamp Duty Land Tax on a residential property in England & Northern Ireland (rates from 1 April 2025). Scotland (LBTT) and Wales (LTT) differ.
Stamp Duty Land Tax is paid by the buyer on property purchases in England and Northern Ireland, charged in slices: nothing on the first £125,000, then 2%, 5%, 10% and 12% on successive bands. For example, a £350,000 home (standard) attracts £7,500.
First-time buyers get a higher nil-rate band — 0% up to £300,000 and 5% on the portion to £500,000 — but no relief at all once the price exceeds £500,000. Buying an additional property (second home or buy-to-let) adds a 5% surcharge to every band, so a £700,000 second home costs £60,000. SDLT must usually be filed and paid within 14 days of completion.