Stamp Duty First Time Buyer Guide & Calculator
Instantly estimate your Stamp Duty Land Tax (SDLT), understand current relief thresholds, and plan your property purchase with confidence.
Calculate Your First Time Buyer Stamp Duty
Enter your expected property purchase price to instantly see your estimated Stamp Duty Land Tax (SDLT) and how much you save with first-time buyer relief.
SDLT Estimator
Get a clear breakdown of your tax liability and potential savings.
How First Time Buyer Relief Works
Understanding your SDLT thresholds
Check Eligibility
You must be purchasing your main residence and have never owned an interest in a residential property anywhere in the world.
The £425,000 Threshold
You pay 0% Stamp Duty on the first £425,000 of the property’s purchase price (compared to the standard £250,000 threshold).
The 5% Band
You pay 5% SDLT only on the portion of the price that falls between £425,001 and £625,000.
The £625,000 Limit
If the property costs more than £625,000, first-time buyer relief is removed entirely, and standard SDLT rates apply to the whole price.
Typical Stamp Duty Savings
See how much first-time buyer relief can save you at different property price points compared to standard SDLT rates.
| Property Price | Standard SDLT | First Time Buyer SDLT | You Save |
|---|---|---|---|
| £250,000 | £0.00 | £0.00 | £0.00 |
| £300,000 | £2,500 | £0.00 | £2,500 |
| £425,000 | £8,750 | £0.00 | £8,750 |
| £500,000 | £12,500 | £3,750 | £8,750 |
| £625,000 | £18,750 | £10,000 | £8,750 |
| £700,000 | £22,500 | £22,500 | £0.00 (Relief Lost) |
First Time Buyer SDLT FAQ
Answers to the most frequently asked questions about stamp duty relief, thresholds, and eligibility for first-time buyers in the UK.
As of the current tax rules, first-time buyers pay 0% Stamp Duty Land Tax (SDLT) on the first £425,000 of a property’s purchase price. You will pay 5% on the portion of the price between £425,001 and £625,000.
If the purchase price exceeds £625,000, you no longer qualify for first-time buyer relief. You will instead pay the standard SDLT rates, which means 0% on the first £250,000, 5% on the portion between £250,001 and £925,000, and higher rates above that.
To qualify, you must be purchasing your only or main residence, and you (along with any joint purchasers) must have never owned an interest in a residential property anywhere in the world before. This includes inheriting a property or owning a share of a home.
Yes, first-time buyer SDLT relief applies to both existing residential properties and new build homes, provided you meet the eligibility criteria and the purchase price is £625,000 or less.