Our 2025 Stamp Duty Calculator is coming soon
How is Stamp Duty changing in 2025?
If you’re planning to buy a home in England, it’s important to know how the Stamp Duty Land Tax (SDLT) changes from 1st April 2025 could affect your budget. These changes will see the nil rate threshold reduced, meaning more buyers will pay stamp duty on their property purchases.
Whether you’re a first-time buyer, moving home, or purchasing an additional property, the upcoming changes will likely have a significant impact on your overall costs. Use our Stamp Duty Calculator to plan ahead and avoid surprises.
The 2025 changes include:
- The nil rate threshold for residential purchases will decrease from £250,000 to £125,000, meaning buyers will pay tax on properties valued over £125,000.
- Whilst this change will impact everyone planning to move, it’s first-time buyers who will be affected the most.
Our Residential Property Stamp Duty Calculator 2025 reflects these changes, helping you plan your finances with confidence.
Residential Property Stamp Duty Land Tax (SDLT) Thresholds
(Effective: From 1st April 2025)
Stamp Duty Land Tax (SDLT) must be paid if you buy a property in England or Northern Ireland that exceeds a certain threshold.
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. Or if you are a first time buyer, and the value of your property is less than £500,000, then you will need our First Time Buyer Stamp Duty Calculator.
To calculate rates up to 31 March 2025, please use our previous Stamp Duty Calculator
First Property Buyers Stamp Duty Land Tax Property Value Bands and Rates From 1st April 2025
| First Property or Lease Premium or Transfer Value | SDLT rate | |
| Up to £125,000 | Zero | |
| The next £125,000 (the portion from £125,001 to £250,000) | 2% | |
| The next £675,000 (the portion from £250,001 to £925,000) | 5% | |
| The next £575,000 (the portion from £925,001 to £1.5 million) | 10% | |
| The remaining amount (the portion above £1.5 million) | 12% |
| Example Property or Lease Premium or Transfer Value | SDLT Amount |
| £125,000 (up to) | £0 |
| £150,000 | £500 |
| £200,000 | £1,500 |
| £250,000 | £2,500 |
| £300,000 | £5,000 |
| £350,000 | £7,500 |
| £400,000 | £10,000 |
| £450,000 | £12,500 |
| £500,000 | £15,000 |
| £550,000 | £17,500 |
| £600,000 | £20,000 |
| £650,000 | £22,500 |
| £700,000 | £25,000 |
| £750,000 | £27,500 |
| £800,000 | £30,000 |
| £850,000 | £32,500 |
| £900,000 | £35,000 |
| £925,000 | £36,250 |
| £950,000 | £38,750 |
| £1,000,000 | £43,750 |
| £1,100,000 | £53,750 |
| £1,200,000 | £63,750 |
| £1,300,000 | £73,750 |
| £1,400,000 | £83,750 |
| £1,500,000 | £93,750 |
| £1,600,000 | £105,750 |
| £1,700,000 | £117,750 |
| £1,800,000 | £129,750 |
| £1,900,000 | £141,750 |
| £2,000,000 | £153,750 |
Frequently Asked Questions
What are the 2025 stamp duty changes?
From 1st April 2025, the nil rate threshold for standard residential purchases will decrease from £250,000 to £125,000. Tax will apply at 2% for properties over £125,000, increasing in bands for higher property values.
When did stamp duty change?
The most recent stamp duty changes were announced in late 2024 and will take effect on 1st April 2025. Buyers exchanging contracts or completing purchases after this date will be subject to the new rules.
What is the new stamp duty threshold?
The new nil rate threshold will be £125,000, down from the current threshold of £250,000.
How do the 2025 changes affect first-time buyers?
First-time buyers will see their nil rate threshold drop to £300,000, meaning more of their property value will be subject to tax
How will the changes affect residential property buyers?
The reduction in the nil rate threshold means most buyers will pay more stamp duty. For example, purchasing a property valued at £300,000 will incur £3,750 in tax after April 2025, compared to no tax under the current rules.
Do I need to pay stamp duty if I buy before 1st April 2025?
No, if you complete your purchase before 1st April 2025, the current thresholds will apply, potentially saving you thousands.
How much stamp duty will I pay with the new threshold?
This varies on property value. For accurate calculations based on the 1st April 2025 changes, see the table above, or for current calculations view our Residential Property Stamp Duty Calculator.
What if I’m purchasing a second property?
If you have more than one residential property, the rate changed from 3% to 5% after the government’s 2024 budget.
Can I claim relief as a first-time buyer?
First-time buyer relief is only available if the property is under £500,000 after April 2025. This has changed from £625,000 previously.
Where can I calculate my 2025 stamp duty liability?
Use our Stamp Duty Calculator above to estimate your costs based on the 2025 changes.
Use our Fox Davidson stamp duty calculators today to get an accurate breakdown of your stamp duty costs and plan your property purchase with the 2025 changes in mind.
