Answers · UK 2025/26
How much Stamp Duty do I pay on a £950,000 property?
On a £950,000 property in England or Northern Ireland for 2026/27, standard Stamp Duty Land Tax is £38,750 -- 0% up to £125,000, 2% on £125,000-£250,000, 5% on £250,000-£925,000, and 10% on the remaining £25,000 above £925,000.
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Stamp Duty Land Tax (SDLT) for a £950,000 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), 5% on £250,000 to £925,000 (£33,750), and 10% on £925,000 to £950,000 (£2,500), giving a total standard SDLT bill of £38,750. This is the first price point in our worked examples where the purchase crosses into the 10% band, which starts at £925,000 and runs to £1,500,000. First-time buyer relief does not apply above £500,000, so this bill applies 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 £47,500 on top of the standard £38,750, for a combined total of £86,250. Non-UK residents pay a further 2% surcharge. At this price level, many buyers use a solicitor or conveyancer experienced with higher-value transactions to confirm the exact band calculation. 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.