Stamp Duty UK 2026/27 — Rates, First-Time Buyer Relief and Second Homes

Stamp Duty Rates 2027/28 — SDLT Rates, Thresholds and First-Time Buyer Relief

Stamp Duty Land Tax (SDLT) rates and thresholds for 2027/28 in England and Northern Ireland. Standard rates, first-time buyer relief, additional property surcharge, and how much you will pay on your purchase.

Mortgage information is general guidance only. Mortgages are regulated by the FCA. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Consult an FCA-regulated mortgage adviser before making decisions.

SDLT rates in England and Northern Ireland for 2027/28 — unchanged from 2025/26 and 2026/27 standard rates.

Last reviewed: May 2026. SDLT rates are confirmed at standard rates (post-April 2025 reversion). No changes announced for 2027/28.

Standard SDLT Rates — 2027/28 (England and Northern Ireland)

Property value SDLT rate SDLT on this portion
Up to £125,000 0% £0
£125,001–£250,000 2% Up to £2,500
£250,001–£925,000 5% Up to £33,750
£925,001–£1,500,000 10% Up to £57,500
Above £1,500,000 12% On excess

SDLT Examples — Standard Rates

Purchase price SDLT payable
£200,000 £1,500
£300,000 £5,000
£400,000 £10,000
£500,000 £15,000
£750,000 £27,500
£1,000,000 £43,750

First-Time Buyer Relief — 2027/28

Property value First-time buyer SDLT Saving vs standard rate
Up to £300,000 £0 Up to £5,000
£300,001–£500,000 5% on amount above £300,000 Partial relief
Above £500,000 Standard rates apply (no relief) £0

First-Time Buyer Examples

Purchase price SDLT (first-time buyer) SDLT (standard)
£200,000 £0 £1,500
£300,000 £0 £5,000
£350,000 £2,500 £7,500
£499,999 £9,999 £14,999
£500,001 £15,000 (standard) £15,000

Additional Dwelling Surcharge (Buy-to-Let and Second Homes)

An extra 5 percentage points applies to all bands:

Property value Standard rate Additional dwelling rate
Up to £125,000 0% 5%
£125,001–£250,000 2% 7%
£250,001–£925,000 5% 10%
£925,001–£1,500,000 10% 15%
Above £1,500,000 12% 17%

Buy-to-Let Example — £300,000 purchase

Main residence Buy-to-let / second home
First £125,000 £0 £6,250
Next £125,000 £2,500 £8,750
Next £50,000 £2,500 £5,000
Total £5,000 £20,000

Scotland (LBTT) and Wales (LTT)

Country Tax Administered by
England SDLT HMRC
Northern Ireland SDLT HMRC
Scotland LBTT Revenue Scotland
Wales LTT Welsh Revenue Authority

See the relevant authority websites for current devolved rates.

How to Pay Stamp Duty Land Tax

SDLT is handled by your solicitor or licensed conveyancer as part of the property purchase. You do not need to pay HMRC directly:

  1. Completion day — you transfer the SDLT amount to your solicitor as part of the completion funds
  2. Within 14 days — your solicitor submits the SDLT return and payment to HMRC on your behalf
  3. Land Registry — SDLT payment is confirmed before title registration can proceed

Missing the 14-day deadline results in automatic penalties and interest — but your solicitor is responsible for ensuring it is filed on time.

Mixed Use and Non-Residential Property

Properties with both residential and commercial elements (e.g. a flat above a shop, or a house with a business outbuilding) may qualify for non-residential SDLT rates — which are often lower than residential rates:

Purchase price Non-residential rate
Up to £150,000 0%
£150,001–£250,000 2%
Above £250,000 5%

If you are buying a property that could be classified as mixed use, this is worth discussing with a solicitor before completion — the SDLT saving can be significant.

SDLT and Multiple Dwellings Relief

If you are buying more than one residential property in a single transaction (e.g. buying a block of flats), Multiple Dwellings Relief (MDR) can reduce the SDLT by averaging the price across the number of dwellings. MDR was abolished in June 2024 — so for 2027/28, standard rates apply to each transaction unless new guidance is issued.

Scotland (LBTT) and Wales (LTT) — Comparable Rates

Price band SDLT (England) LBTT (Scotland) LTT (Wales)
Up to £125,000 0%
Up to £145,000 0%
Up to £225,000 0%
£125,001–£250,000 2%
£145,001–£250,000 2%
£225,001–£400,000 6%
£250,001–£325,000 5% 5%
£325,001–£750,000 10%
£400,001–£750,000 7.5%
£250,001–£925,000 5%
£750,001–£1,500,000 10% 12% 10%
Above £1,500,000 12% 12% 12%

For Scottish and Welsh purchases, always verify the current rates with Revenue Scotland and the Welsh Revenue Authority respectively — devolved rates are set independently and can differ significantly.

Sources

  1. GOV.UK — Stamp Duty Land Tax
  2. HMRC — SDLT rates and thresholds