Answers · UK 2025/26
How much Stamp Duty do I pay on a £450,000 property?
On a £450,000 property in England or Northern Ireland for 2026/27, standard Stamp Duty Land Tax is £12,500 (0% up to £125,000, 2% on £125,000-£250,000, 5% on £250,000-£450,000). First-time buyers pay £7,500, since only the amount above £425,000 loses relief.
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Stamp Duty Land Tax (SDLT) for a £450,000 residential property purchase in England or Northern Ireland in 2026/27 is calculated in slices: 0% on the first £125,000, 2% on £125,000 to £250,000 (£2,500), and 5% on £250,000 to £450,000 (£10,000), giving a total standard SDLT bill of £12,500. Because £450,000 is still under the £500,000 upper limit for first-time buyer relief, first-time buyers instead get: 0% up to £300,000, then 5% on £300,000 to £450,000 (£7,500), giving a first-time buyer bill of £7,500, a saving of £5,000 compared with the standard rate. If this is an additional property, a 5% surcharge applies to the whole purchase price, adding £22,500 on top of the standard £12,500, for a total of £35,000. Non-UK residents pay a further 2% surcharge. Scotland's LBTT and Wales's LTT use different bands and rates entirely, so the same property attracts a different bill in each nation. Use the Stamp Duty calculator to check your exact liability including reliefs and 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.