Stamp Duty Land Tax Guide 2026/27

SDLT Rates 2026/27 (Standard)

Residential SDLT rates in England and Northern Ireland: 0% on first £250,000. 5% on £250,001 to £925,000. 10% on £925,001 to £1,500,000. 12% above £1,500,000. These are marginal rates — only the portion in each band is taxed at that rate. A £350,000 purchase: £0 on the first £250,000 + 5% on £100,000 = £5,000 SDLT. SDLT applies only in England and Northern Ireland — Scotland uses Land and Buildings Transaction Tax (LBTT); Wales uses Land Transaction Tax (LTT).

First-Time Buyer Relief

First-time buyers pay no SDLT on the first £425,000 of the purchase price (for properties up to £625,000). 5% on £425,001 to £625,000. Standard rates apply above £625,000. Example: FTB buying at £500,000 → 0% on £425,000 = £0, then 5% on £75,000 = £3,750. Total: £3,750. Without FTB relief: standard rate would be 0% on £250,000 + 5% on £250,000 = £12,500. FTB saving: £8,750. FTB relief requires that all purchasers are first-time buyers and the property will be their only home. Partial ownership t

Additional Dwelling Surcharge

Buying an additional residential property (buy-to-let, second home, holiday home) incurs a 3% surcharge on top of standard rates. All SDLT bands increase by 3 percentage points. A £250,000 additional property: standard SDLT = £0, with surcharge = 3% × £250,000 = £7,500. A £350,000 additional property: standard £5,000 + 3% surcharge on full £350,000 = £10,500. Total: £15,500. The surcharge applies even if buying jointly where one buyer already owns another property. It can be reclaimed if the pre

Payment and Returns

SDLT must be paid and a return submitted within 14 days of completion. Responsibility falls on the buyer (or their solicitor/conveyancer who handles this in practice). Late filing penalty: £100 after 3 months, £200 after 6 months, plus interest on unpaid SDLT. SDLT is non-negotiable and cannot be reduced by adjusting the price allocation between fixtures/fittings and the property — HMRC scrutinises artificial price splitting. Scotland and Wales have separate devolved property taxes (LBTT and LTT

Not financial advice. This calculator is for general information and education only. Figures are estimates and may not reflect your circumstances. For decisions, consult the FCA register and a qualified financial adviser. See our editorial standards.

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