Property & Buyer Details
Stamp Duty Summary
Band Breakdown
| Band | Rate | Taxable | Tax |
|---|
Calculation based on HMRC SDLT rates for 2026/27. For guidance only.
What are the UK Stamp Duty Rates in 2026?
Stamp Duty Land Tax (SDLT) is a progressive tiered tax paid when purchasing residential property or land in England and Northern Ireland. For the 2026/27 tax year, standard rates range from 0% on purchases up to £125,000 to 12% on transaction values exceeding £1.5 million.
| Property Purchase Price Band | Standard SDLT Rate (2026) |
|---|---|
| Up to £125,000 | 0% |
| £125,001 to £250,000 | 2% |
| £250,001 to £925,000 | 5% |
| £925,001 to £1,500,000 | 10% |
| Over £1,500,000 | 12% |
What is the Stamp Duty Threshold for First-Time Buyers in 2026?
First-time buyers benefit from a £300,000 nil-rate threshold, provided the total purchase price does not exceed £500,000. Purchases over £500,000 completely lose relief eligibility and are taxed under standard rates from £125,000.
- 0% Nil-Rate Threshold: First-time buyers pay 0% Stamp Duty on property value up to £300,000.
- 5% Relief Band: A rate of 5% applies to the portion between £300,001 and £500,000.
- Hard £500,000 Cap: If the total purchase price is £500,001 or more, zero relief applies; standard rates apply to the entire purchase.
What is the Stamp Duty Surcharge on Additional Properties?
Purchasing an additional residential property (buy-to-let, holiday home, or second home) in England or Northern Ireland incurs a statutory 5% surcharge added on top of standard SDLT rates across every band.
| Property Price Band | Standard Home Mover Rate | With 5% Additional Property Surcharge |
|---|---|---|
| Up to £125,000 | 0% | 5% |
| £125,001 to £250,000 | 2% | 7% |
| £250,001 to £925,000 | 5% | 10% |
| £925,001 to £1,500,000 | 10% | 15% |
| Over £1,500,000 | 12% | 17% |
Can I Reclaim the 5% Stamp Duty Surcharge?
Yes. If you buy a new main residence before selling your existing home, you pay the 5% surcharge upon completion. HMRC will refund the full 5% surcharge if you sell your previous main residence within 36 months.
How Much Extra Stamp Duty Do Non-UK Residents Pay?
Non-UK residents purchasing residential property in England or Northern Ireland pay a statutory +2% surcharge across all bands. When buying an additional property, both surcharges stack to a +7% total surcharge (+5% additional home + 2% non-resident).
Step-by-Step Stamp Duty Calculations (Worked Examples)
The worked mathematical examples below demonstrate exact progressive tier calculations for first-time buyers, home movers, and second property investors.
£450,000 Property: FTB vs Standard Mover
Purchase Price: £450,000
*First-time buyer relief delivers an exact £5,000 tax saving on a £450,000 purchase.
£505,000 Purchase: The £500k Cliff-Edge
Purchase Price: £505,000
Exceeding £500k by just £5k results in £7,750 higher tax than buying at £450k with relief.
£350,000 Buy-to-Let / Additional Property
Purchase Price: £350,000 (Additional Property)
Standard (£7,500) + Surcharge (£17,500) gives an effective SDLT rate of 7.14%.
Frequently Asked Questions
For standard residential property in England and Northern Ireland: Up to £125,000 is 0%, £125,001 to £250,000 is 2%, £250,001 to £925,000 is 5%, £925,001 to £1,500,000 is 10%, and over £1,500,000 is 12%.
First-time buyers pay 0% SDLT on properties up to £300,000. A 5% rate applies on the portion from £300,001 to £500,000. Above £500,000, standard rates apply in full.
An extra 5% surcharge is added across all SDLT bands if you purchase an additional residential property (such as a second home or buy-to-let).
Yes, if you sell your previous main residence within 36 months of buying your new one, you can claim a full refund of the 5% surcharge from HMRC.
Non-UK residents pay a +2% surcharge on standard residential rates. When buying an additional property, both surcharges stack to +7%.
SDLT must be filed and paid within 14 days of completion. Late filing incurs an immediate £100 fine plus interest.
No, Multiple Dwellings Relief was abolished on 1 June 2024. Standard residential rates apply to the total transaction value.