Stamp duty & land taxes
SDLT, LBTT and LTT bands for residential, additional and first-time buyer purchases.
2026/27
SDLT — Standard residential
| Band | Rate |
|---|---|
| Up to £125,000 | 0% |
| £125,001 – £250,000 | 2% |
| £250,001 – £925,000 | 5% |
| £925,001 – £1,500,000 | 10% |
| Over £1,500,000 | 12% |
SDLT — Additional property (5% surcharge)
| Band | Rate |
|---|---|
| Up to £125,000 | 5% |
| £125,001 – £250,000 | 7% |
| £250,001 – £925,000 | 10% |
| £925,001 – £1,500,000 | 15% |
| Over £1,500,000 | 17% |
A 5% surcharge applies in addition to standard rates from 31 October 2024.
SDLT — First-time buyer relief
| Band | Rate |
|---|---|
| Up to £300,000 | 0% |
| £300,001 – £500,000 | 5% |
No relief if purchase price exceeds £500,000.
2025/26
SDLT — Standard residential
| Band | Rate |
|---|---|
| Up to £125,000 | 0% |
| £125,001 – £250,000 | 2% |
| £250,001 – £925,000 | 5% |
| £925,001 – £1,500,000 | 10% |
| Over £1,500,000 | 12% |
SDLT — Additional property (3% surcharge)
| Band | Rate |
|---|---|
| Up to £125,000 | 5% |
| £125,001 – £250,000 | 7% |
| £250,001 – £925,000 | 10% |
| £925,001 – £1,500,000 | 15% |
| Over £1,500,000 | 17% |
Stamp duty and land taxes
Buying property or land triggers a transaction tax that varies 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. Each is charged in bands, with a surcharge on additional properties and relief for first-time buyers.
The tables above show the current bands. Use our calculators to estimate the tax on a specific purchase, and talk to us about property VAT and structuring.
Frequently asked
Do I pay extra on a second property?+
Yes — an additional-property surcharge usually applies to second homes and buy-to-lets across all three nations. Our calculators include it.
What relief do first-time buyers get?+
First-time buyers pay reduced or no tax up to a threshold. The exact relief depends on the nation and purchase price.