Learn how Stamp Duty Land Tax (SDLT) works and what it means for UK property buyers in 2025.
Stamp Duty Land Tax (SDLT) is a government tax paid on property purchases over a certain threshold in England and Northern Ireland. It’s one of the biggest additional costs homebuyers need to budget for—and the rules vary depending on your situation.
Who pays Stamp Duty?
- Buyers purchasing residential property over £250,000 (rates may change annually).
- Higher rates apply to second homes or buy-to-let properties.
- First-time buyers get relief on homes up to £425,000.
How much is it? Stamp Duty is calculated on a sliding scale. For example:
- 0% on the first £250,000
- 5% on the portion between £250,001 and £925,000
- Higher rates for additional properties
Top tip: Use HMRC’s SDLT calculator or consult your conveyancer to estimate your tax before making an offer.
Always check the latest rates, as changes can be introduced in government budgets.