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UK Stamp Duty Calculator — First-Time Buyer

First-time buyer relief in England & NI: no SDLT on the first £425,000 if the property is £625,000 or less. Scotland + Wales rules explained.

Other🇬🇧UK · Tax Year 2026/27Reviewed No sign-up · Runs in your browser

Property Details

£350,000

Stamp Duty (SDLT)

SDLT Payable

£7,500

Effective rate: 2.14%

£125,000 - £250,000 @ 2%£2,500
£250,000 - £350,000 @ 5%£5,000

Property Price

£350,000

SDLT

£7,500

Total Cost

£357,500

For estimation only. Not professional financial, tax, or legal advice. Consult a qualified advisor before making decisions. Full disclaimer.

How it works

First-time buyer stamp duty relief

The three UK jurisdictions treat first-time buyers differently. Here's the summary:

England & Northern Ireland (SDLT)

  • 0% on the first £425,000
  • 5% on the portion between £425,001 and £625,000
  • Relief is LOST if the property costs more than £625,000 — you pay full standard SDLT on the whole price

Scotland (LBTT)

  • Nil-rate band extended to £175,000 (vs £145,000 standard)
  • Standard LBTT rates on anything above £175,000

Wales (LTT)

  • No first-time buyer relief. You pay the same as any other residential purchase.

Who qualifies as a first-time buyer?

You must have never owned a freehold or long leasehold residential property anywhere in the world. If you inherited a property you later sold, you still count as having owned it — so you don't qualify. Joint purchases: ALL parties must qualify for the relief to apply.

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