Stamp Duty Calculator – Rates from 1 April 2025
Use our calculator below for residential property Stamp Duty Land Tax (SDLT) rates.
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.
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 |
How is Stamp Duty changing in 2025?
If you’re buying a home in England, it’s important to know how the latest Stamp Duty Land Tax (SDLT) rates affect your budget. These changes have seen 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 rates will likely have a significant impact on your overall costs.
The 2025 changes include:
- The nil rate threshold for residential purchases decreased from £250,000 to £125,000, meaning buyers now pay tax on properties valued over £125,000.
- Whilst this change impacts everyone planning to move, it’s first-time buyers who will be affected more than before.
Our Residential Property Stamp Duty Calculator reflects the latest rates, helping you plan your finances with confidence.
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Frequently Asked Questions
What are the 2025 stamp duty changes?
On 1st April 2025, the nil rate threshold for standard residential purchases decreased from £250,000 to £125,000. Tax applies 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 took 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 is £125,000, down from the previous threshold of £250,000.
How do the 2025 changes affect first-time buyers?
The nil rate threshold for first-time buyers dropped to £300,000, meaning more of their property value is subject to tax.
How will the changes affect residential property buyers?
The reduction in the nil rate threshold means more buyers will pay stamp duty. For example, purchasing a property valued at £300,000 now incurs £3,750 in tax, compared to no tax under the previous rules.
How much stamp duty will I need to pay?
This varies on property value. For accurate calculations, see the table above.
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. 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.
For purchases and remortgages, Fox Davidson can secure a rate for you now. We can then review rates for you before completion & if they have dropped we will request the lender moves you to the lower rate. Make an Enquiry or call us on 0117 989 7950
