First-Time Buyer Stamp Duty Relief Calculator
First-time buyer relief reduces the SDLT a first-time buyer pays on their main residence, provided neither buyer has ever owned a residential property anywhere in the world.
Rates effective from April 1, 2025Official source: gov.ukPage updated July 2, 2026
Enter a property value to see your estimated tax.
Current First-Time Buyer Stamp Duty Relief rates
UK SDLT — First-time buyer relief (England) — applies to: first-time buyer, residential. Each rate applies only to the portion of the price that falls within its band, not to the whole price. This relief only applies to purchases up to £500,000. Above that it is withdrawn completely and standard rates apply to the whole price.
| Property value band | Rate |
|---|---|
| Up to £300,000 | 0.00% |
| £300,001 – £500,000 | 5.00% |
Rates effective from April 1, 2025Official source: gov.uk
First-Time Buyer Stamp Duty Relief: worked examples
What you would pay at common purchase prices (first-time buyer, residential), calculated with the same engine as the calculator above.
| Purchase price | Total tax | Effective rate |
|---|---|---|
| £250,000 | £0 | 0.00% |
| £400,000 | £5,000 | 1.25% |
| £600,000Standard rates (above cap) | £20,000 | 3.33% |
| £1,000,000Standard rates (above cap) | £43,750 | 4.38% |
Step by step: First-Time Buyer Stamp Duty Relief on a £400,000 property
- 0.00% on £300,000 (up to £300,000)£0
- 5.00% on £100,000 (£300,001 – £500,000)£5,000
- Total£5,000
How it works
Eligible buyers pay 0% on the first £300,000 of the purchase price and 5% on the portion between £300,000 and £500,000. If the price exceeds £500,000, the relief doesn't apply at all and standard rates are charged on the full amount instead.
Calculation methodology
This calculator applies the first-time buyer nil-rate and 5% bands up to £500,000. Above that threshold, consult the standard residential calculator, since relief is withdrawn entirely rather than tapered.
Exemptions & reliefs
To qualify, all buyers on the title must be genuine first-time buyers purchasing as their only or main residence.
Recent rule changes
The £300,000 nil-rate threshold for first-time buyers was reinstated on 1 April 2025 after a temporary increase to £425,000 expired.
Glossary
Main residence: the property the buyer intends to live in as their primary home.