Stamp Duty FREE up to £300k
For First-Time Buyers

Stamp Duty Payment for First-Time Buyers

Purchase Price Stamp Duty %
£0 – £300,000 0% (Zero)
£300,001 – £500,000 5% (0% Stamp duty pay up to £300,000)

Stamp Duty Payable for England

Purchase Price Stamp Duty %
0 – £125,000 0%
£125,001 to £500,000 2%
£500,001 to £925,000 5%
£925,001 to £1.5million 10%
More than £1.5million 12%

Stamp Duty is the tax charged by the Government when you buy a home. For first-time buyers in England no Stamp Duty is payable on properties up to £300,000. You need to start paying Stamp Duty from £125,000

When you legally complete on a property purchase the ownership is registered with the Land Registry. At this stage you are required to pay stamp duty. Your Solicitor normally deals with this on your behalf.