Answers · UK 2025/26
How much Stamp Duty do I pay on a £150,000 property?
On a £150,000 property in England or Northern Ireland for 2026/27, standard Stamp Duty Land Tax is £500 (0% on the first £125,000, 2% on the remaining £25,000). First-time buyers pay nothing, since the property is below the £300,000 first-time buyer relief threshold.
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Stamp Duty Land Tax (SDLT) for a £150,000 residential property purchase in England or Northern Ireland in 2026/27 is calculated in slices: 0% on the first £125,000, then 2% on the portion from £125,000 to £150,000, which is £25,000 x 2% = £500. So the total standard SDLT bill is £500. First-time buyers benefit from relief on properties up to £500,000: 0% up to £300,000, so a first-time buyer purchasing this £150,000 property would pay no Stamp Duty at all. If this is an additional property -- a second home or buy-to-let -- a 5% surcharge applies to the entire purchase price, adding £7,500 on top of the standard £500, for a total of £8,000. Non-UK residents pay a further 2% surcharge on top of whatever rate otherwise applies. Scotland uses Land and Buildings Transaction Tax (LBTT) instead, with a nil band up to £145,000 and 2% up to £250,000, while Wales uses Land Transaction Tax (LTT) with a nil band up to £225,000, so the same property would attract different amounts, or none at all, north or west of the English border. Use the Stamp Duty calculator to check your exact liability including any reliefs or surcharges.
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This answer is informational only and does not constitute financial, tax or legal advice. Figures are for the 2025/26 UK tax year. See our methodology and sources.