SDLT is charged in slices — each portion of the price is taxed at its band rate, not the whole price at the top rate.
Standard residential (from 31 Oct 2024):
£0–£125k 0% · £125,001–£250k 2% · £250,001–£925k 5% · £925,001–£1.5m 10% · over £1.5m 12%.
First-time buyer relief: 0% to £300k, then 5% on £300,001–£500k (relief only if price ≤ £500k; above that, standard rates apply). You must never have owned residential property anywhere in the world.
Additional property: +5 percentage points on each band (so the bottom slice is 5%, not 0%). Applies when you will own 2+ residential properties at completion.
Scotland (LBTT) and Wales (LTT) have different bands — this tool covers England & NI only. Always confirm with the
official SDLT guidance.