Stamp Duty · 2025
Stamp Duty on a £300,000 House
Stamp duty on a £300,000 property in England is £5,000.00 for a standard buyer, £0.00 for first-time buyers, and £20,000.00 for additional property (buy-to-let). Scotland and Wales use different systems (LBTT and LTT).
Standard buyer
£5,000.00
SDLT (England)
First-time buyer
£0.00
FTB relief
Additional property
£20,000.00
Inc. 5% surcharge
By UK Region
| Region | Tax | Standard buyer | First-time buyer |
|---|---|---|---|
| England / NI | SDLT | £5,000.00 | £0.00 |
| Scotland | LBTT | £4,600.00 | £4,000.00 |
| Wales | LTT | £4,500.00 | No FTB relief |
SDLT Breakdown (£300,000)
- £0–£125,000 @ 0%£0.00
- £125,000–£250,000 @ 2%£2,500.00
- £250,000–£925,000 @ 5%£2,500.00
Total SDLT£5,000.00
Effective rate: 1.67% of property price.
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FAQs about £300,000
How much stamp duty on a £300,000 house?
On a £300,000 property in England with no special status, you would pay £5,000.00 in SDLT. First-time buyers pay £0.00. For additional properties (buy-to-let, second home), it's £20,000.00 including the 5% surcharge.
Is stamp duty different in Scotland on £300,000?
Yes. In Scotland, you'd pay £4,600.00 in LBTT (Land and Buildings Transaction Tax) — Scotland's equivalent of SDLT. The bands and thresholds differ from England.
What about Wales LTT on £300,000?
In Wales, you'd pay £4,500.00 in LTT (Land Transaction Tax). Wales has the highest starting threshold (£225,000) of any UK nation but no first-time buyer relief.
When do I need to pay stamp duty?
In England and NI, SDLT must be paid within 14 days of completion. In Scotland (LBTT) and Wales (LTT) the deadline is 30 days. Your solicitor handles payment.
Can I avoid stamp duty on £300,000?
There are a limited number of legitimate reliefs. First-time buyers pay £0.00 on £300,000 instead of £5,000.00 — a saving of £5,000.00 — provided the property is your only home and the price does not exceed £500,000. Multiple-dwelling relief was abolished from June 2024 and can no longer be claimed. Charities purchasing property for charitable purposes may be exempt. There is no legal way for a standard buyer to avoid SDLT beyond qualifying reliefs.
How do I pay stamp duty on £300,000?
You do not pay SDLT directly to HMRC yourself. Your conveyancing solicitor or licensed conveyancer calculates the amount (£5,000.00 for a standard purchase of £300,000), files an SDLT return on your behalf and transfers the payment to HMRC — all within the 14-day completion deadline. The stamp duty is typically added to your completion statement alongside legal fees and other disbursements.
What is the SDLT rate for additional property at £300,000?
If you are buying a £300,000 property as an additional residence — such as a buy-to-let or second home — a 5% surcharge applies on top of every standard SDLT band, bringing your total to £20,000.00. This compares to £5,000.00 for a standard purchase. The surcharge applies to the entire transaction value, not just the portion above a threshold, so the difference is significant.
Does stamp duty apply to shared ownership at £300,000?
Yes, but shared ownership buyers in England have two options. Under the standard method, SDLT is calculated only on the share being purchased initially (e.g. 25% of £300,000 = £75,000.00). Under the market value election, SDLT is paid up front on the full £300,000 market value (£5,000.00 standard, £0.00 first-time buyer), which prevents further SDLT charges as you staircase up to 100% ownership. First-time buyers using the market value election qualify for FTB relief on the full price if it is £500,000 or under.
Related
Disclaimer: Stamp duty figures are estimates based on 2026/27 HMRC and devolved government rates. Always confirm exact amounts with your solicitor before completion.