Answers · UK 2025/26
How much Stamp Duty do I pay on a £300,000 property?
On a £300,000 property in England (2026/27): first-time buyers pay £0 (entire property is under the £425,000 FTB zero band). Standard purchasers pay £2,500 (0% on £250,000 + 5% on £50,000). Second-home buyers pay an additional 5% surcharge — £17,500 total.
Full answer
Here is the full Stamp Duty Land Tax (SDLT) calculation for a **£300,000** residential property in England in 2026/27. **Standard buyer (main residence, not first home):** | Band | Amount in band | Rate | Tax | |---|---|---|---| | Up to £250,000 | £250,000 | 0% | £0 | | £250,001 – £925,000 | £50,000 | 5% | £2,500 | | **Total** | | | **£2,500** | **First-time buyer:** | Band | Amount | FTB rate | Tax | |---|---|---|---| | Up to £425,000 | £300,000 | **0%** | **£0** | | **Total** | | | **£0** | The property is entirely within the first-time buyer zero band — no SDLT payable. **Second home / buy-to-let buyer (5% surcharge):** | Component | Calculation | Tax | |---|---|---| | Standard SDLT | As above | £2,500 | | 5% surcharge on full price | £300,000 × 5% | £15,000 | | **Total** | | **£17,500** | **Non-resident surcharge (+2%):** Non-UK residents purchasing property in England also pay a 2% surcharge on top of all other rates: - Standard buyer: £2,500 + £6,000 = £8,500 - Second home buyer: £17,500 + £6,000 = £23,500 **Scotland (LBTT on £300,000):** Standard buyer: 0% on £145,000 + 2% on £105,000 + 5% on £50,000 = £4,600. ADS (Additional Dwelling Supplement) for second homes: 8% on full price (£24,000) + standard LBTT = £28,600. **Payment:** SDLT must be paid within **14 days** of completion — your conveyancer normally handles this.
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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.