• 2025/26

  • Stamp Duty Land Tax (SDLT)

    • SDLT is payable on land and property transactions in England and Northern Ireland.
    • Property transactions in Scotland are subject to Land and Buildings Transaction Tax (LBTT).
    • Property transactions in Wales are subject to Land Transaction Tax (LTT).

    Residential property

    The rates apply to the portion of the total value which falls within each band.

    Consideration (£) Rate
    0 - 125,000 0%
    125,001 - 250,000 2%
    250,001 - 925,000 5%
    925,001 - 1,500,000 10%
    1,500,001 and above 12%

    These rates may be increased by 5% where further residential properties, costing over £40,000, are acquired on or after 30 October 2024 and by 3% before that date.

    First-time Buyer relief

    First-time buyers may be eligible for first-time buyer relief on purchases of residential property up to £500,000. The rates apply to the portion of the total value which falls within each band.

    Consideration (£) Rate
    0 - 300,000 0%
    300,001 - 500,000 5%
    for purchases over 500,000 normal rates apply

    Non-residential SDLT rates

    Consideration (£) Rate
    0 - 150,000 0%
    150,001 - 250,000 2%
    Over 250,000 5%

    Payable on consideration which falls in each band.