Rates up to 31st March 2025
First-Time Buyer Stamp Duty Land Tax (SDLT) Thresholds
(Effective: From 23 September 2022 to the 31st of March 2025)
Stamp Duty Land Tax (SDLT) must be paid if you buy a property in England or Northern Ireland that exceeds a certain threshold. The Stamp Duty Land Tax payable for first-time buyers is calculated differently, the rates of which are detailed below, along with our example table.
If you are looking to move home, are not a first time buyer, or the value of your property is more than £625,000, you will need to use our Residential Property Stamp Duty Calculator. Or if you are have more than one residential property then you will need to use our Stamp Duty Calculator For More Than One Residential Property.
Stamp Duty Land Tax (SDLT) rates are changing from 1st April 2025. Please use our 2025 First-Time Buyer Stamp Duty Calculator to find out how much the new rates will cost you.
First-Time Buyers Stamp Duty Land Tax Property Value Bands and Rates
| Property or Lease Premium or Transfer Value | SDLT rate | |
| Up to £425,000 | 0% | |
| The next £200,000 (the portion from £425,001 to £625,000) | 5% | |
| (If the purchase price of your property is in excess of £625,000, | ||
| the first time buyer exemption doesn’t apply). |
| Example Property or Lease Premium or Transfer Value | SDLT Amount |
| £425,000 (up to) | £0 |
| £475,000 | £2,500 |
| £525,000 | £5,000 |
| £575,000 | £7,500 |
| £625,000 | £10,000 |
