Answers · UK 2025/26
How much Stamp Duty do I pay on a £650,000 property?
On a £650,000 property in England or Northern Ireland for 2026/27, standard Stamp Duty Land Tax is £22,500 (0% up to £125,000, 2% on £125,000-£250,000, 5% on £250,000-£650,000). First-time buyer relief does not apply above £500,000, so first-time buyers pay the same £22,500.
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Stamp Duty Land Tax (SDLT) for a £650,000 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 £650,000 (£20,000), giving a total standard SDLT bill of £22,500. First-time buyer relief only applies to properties priced at £500,000 or below, so buyers of this £650,000 property pay the standard rate regardless of first-time buyer status. If this is an additional property -- a second home or buy-to-let -- a 5% surcharge applies to the entire purchase price, adding £32,500 on top of the standard £22,500, for a combined total of £55,000. Non-UK residents pay a further 2% surcharge on top of whatever rate otherwise applies. At this price point, many buyers are moving from a smaller property and may be replacing their main residence, which means the additional-property surcharge does not apply even if they briefly own two homes, provided the previous main residence is sold within 36 months. Use the Stamp Duty calculator to check your exact liability.
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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.