Property Details
Country
Buyer Type
£
The SDLT nil-rate threshold returned to £125,000 on 1 April 2025 (was £250,000 until 31 Mar 2025).
How Stamp Duty Works
SDLT is a tiered (banded) tax — you only pay each rate on the portion of the price that falls within each band, not on the full price.
For example, on a £300,000 home you pay 0% on the first £125,000, 2% on £125,001–£250,000, and 5% on £250,001–£300,000.
🏠 First-time buyer relief: No SDLT on properties up to £425,000. On properties £425,001–£625,000 you pay 5% only on the amount above £425,000. Relief does not apply to properties over £625,000.
Stamp Duty (SDLT)
£0
Effective rate: 0.00%
| Band | Rate | Tax on band |
|---|
Buying costs summary
Purchase price£285,000
Stamp duty£0
Est. legal fees£1,500 – £3,000
Est. survey£500 – £1,500
Est. total buying costs—
Important: This calculator is for illustrative purposes only. Rates shown are for Stamp Duty Land Tax (SDLT) in England and Northern Ireland. Scotland uses Land and Buildings Transaction Tax (LBTT) and Wales uses Land Transaction Tax (LTT) — rates may differ. Rates correct as of April 2025. Always verify with HMRC or a qualified conveyancing solicitor. Cavendish Knight accepts no liability for errors or omissions.