What Is Stamp Duty Land Tax (SDLT)?
Stamp Duty Land Tax is a tax you pay when buying property or land in England and Northern Ireland. The amount depends on the purchase price, whether you're a first-time buyer and whether this is an additional property.
First-Time Buyer Relief in 2026
First-time buyers pay no stamp duty on the first £300,000 of properties costing up to £500,000. This can save first-time buyers up to £10,000 compared to home movers. If the property costs more than £500,000, the standard rates apply and no relief is given.
Additional Property Surcharge
If you're buying a second home or buy-to-let property, you'll pay an extra 5% surcharge on top of the standard rates on every band. This was increased from 3% in October 2024.
Non-UK Resident Surcharge
Non-UK residents pay an additional 2% surcharge on top of all rates (including the additional property surcharge if applicable). Use the toggle above to see how this affects your bill.
Buying Through a Company (Ltd)
If you're purchasing a residential property through a limited company, the same +5% surcharge rates apply as for additional properties. This is because HMRC treats company purchases the same as second home purchases. The non-UK resident surcharge also applies if the company is based overseas.
How to Reduce Your Stamp Duty Bill
- Negotiate a lower purchase price — even small reductions can push you into a lower band
- Check if you qualify for first-time buyer relief
- Consider properties just below stamp duty thresholds
- If buying with a partner, check if either qualifies as a first-time buyer
When Do You Pay Stamp Duty?
Stamp duty must be paid within 14 days of completion. Your solicitor or conveyancer typically handles the payment and SDLT return on your behalf as part of the buying process.