How much stamp duty will I pay on a £300,000 property?

For a £300,000 property in England, first-time buyers pay £0 (exempt up to £300,000), standard buyers pay £2,500, and additional property buyers pay £14,500 (including the 5% surcharge).

Do first-time buyers pay stamp duty?

First-time buyers in England and Northern Ireland pay no stamp duty on properties up to £300,000. Between £300,001 and £500,000, they pay 5% only on the amount above £300,000. Above £500,000, normal rates apply.

What is the stamp duty on a £500,000 house?

On a £500,000 property, first-time buyers pay £3,750 (5% on £75,000), standard buyers pay £12,500, and additional property buyers pay £37,500 including the 5% surcharge.

How is stamp duty calculated?

Stamp duty is calculated using tiered rates. You pay different percentages on different portions of the property price, similar to income tax bands. The rates from April 2025 are: 0% up to £125,000, 2% on £125,001-£250,000, 5% on £250,001-£925,000, 10% on £925,001-£1.5m, and 12% above £1.5m.

Stamp Duty by Property Price

Find out exactly how much stamp duty you'll pay at common property price points.

Quick Tip: First-time buyers pay no stamp duty up to £300,000 in England.

Choose Your Property Price

FTB Exempt

£250,000

First-time buyers pay nothing at this price

Stamp Duty by Property Price

Choose Your Property Price

£250,000

£300,000

£350,000

£400,000

£450,000

£500,000

£550,000

£600,000

£625,000

£650,000

£700,000

£750,000

£800,000

£850,000

£900,000

£950,000

£1,000,000

£1,250,000

£1,500,000

£2,000,000

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