Advice on land tax
Stamp duty land tax is the government tax paid on property and land purchases over £125,000 (or £250,000 for first-time buyers).
The amount of stamp duty is decided on a sliding scale of differing thresholds. Please see the tables below to determine how much tax would be payable on your future home.
The administration of the stamp duty land tax is usually taken care of by whomever is carrying out the conveyancing for your move – usually a solicitor or licensed conveyancer.
Current stamp duty rates
Stamp duty land tax on residential land or property - freehold or leasehold
Purchase price/lease premium or transfer value |
Stamp duty rate |
Stamp duty rate for first-time buyers |
Up to £125,000 |
Zero |
Zero |
Over £125,000 to £250,000 |
1% |
Zero |
Over £250,000 to £500,000 |
3% |
3% |
Over £500,000 |
4% |
4% |
Source: HMRC
So, for example, a house worth £275,000 would fall into the 3% threshold, meaning you’d have to pay £8250 in stamp duty land tax.
Stamp duty land tax on residential land or property in disadvantaged areas
Purchase price/lease premium or transfer value |
Stamp duty rate |
Stamp duty rate for first-time buyers |
Up to £150,000 |
Zero |
Zero |
Over £150,000 to £250,000 |
1% |
Zero |
Over £250,000 to £500,000 |
3% |
3% |
Over £500,000 |
4% |
4% |
Source: HMRC
You can find out if a property lies within a disadvantaged area and is therefore entitled to stamp duty land tax relief by going to the HMRC website.