Stamp Duty Thresholds:
Rates for a single property
You pay SDLT at these rates if, after buying the property, it is the only residential property you own. You usually pay 5% on top of these rates if you own another residential property.
| Purchase Price | Stamp Duty % |
| £0 to £125,000 | 0% (Zero) |
| £125,001 to £250,000 | 2% |
| £250,001 to £925,000 | 5% |
| £925,001 to £1,500,000 | 10% |
| Over £1,500,000 | 12% |
If you’re a first time buyer and you purchase from 1st April 2025, the following rates will apply:
| Purchase Price | Stamp Duty % |
| £0 to £300,000 | 0% (Zero) |
| £300,001 to £500,000 | 5% |
FAQ’s
What is Stamp Duty?
What is commonly referred to as Stamp Duty (SDLT) is the tax charged by the Government which you pay on completion of a new home. Stamp Duty in Wales is referred to as Land Transaction Tax (LTT).
How much is Stamp Duty?
The percentage of Stamp Duty will be applied to the proportion of the property price within each tax band.
If you are buying a second home or for investment, there is an additional 5% charge on each bracket.
Use the Government SDLT calculator to work out how much tax you’ll pay.
For our terms and conditions on Stamp Duty incentives – click here.
