Answers · UK 2025/26
Stamp duty on £350,000 UK?
On a £350,000 main home in England or NI from 1 April 2025, standard SDLT is £7,500 (0% on first £125,000; 2% on £125,001–£250,000 = £2,500; 5% on £250,001–£350,000 = £5,000). First-time buyers pay £2,500 (0% to £300,000; 5% on £50,000). A second-home buyer pays £25,000 (£7,500 + 5% surcharge × £350,000).
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Standard residential SDLT bands from 1 April 2025: 0% up to £125,000, 2% £125,001–£250,000, 5% £250,001–£925,000, 10% to £1.5m, 12% above. For £350,000 the calculation is £0 + £2,500 (2% × £125,000) + £5,000 (5% × £100,000) = £7,500. First-time buyers: 0% up to £300,000, 5% £300,001–£500,000 — so £350,000 attracts 5% × £50,000 = £2,500 only, available if the purchase price is £500,000 or under. Additional dwellings surcharge (second homes / buy-to-let) is 5% on the full price — £17,500 extra — taking the total to £25,000. Replacing your main residence within 36 months refunds the surcharge. Scotland uses LBTT, Wales uses LTT, both with different bands. The HMRC SDLT calculator and our Stamp Duty calculator handle all variants.
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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.