Property tax
Current residential property tax rates
England and Northern Ireland use Stamp Duty Land Tax. Scotland uses Land and Buildings Transaction Tax. Wales uses Land Transaction Tax. The bands below are the same ones the calculators use.
England and Northern Ireland, moving home
In force from 1 April 2025. Rule sdlt-main-2025-04-01.
| Portion of the price | Rate |
|---|---|
| The portion up to £125,000 | 0% |
| The portion from £125,001 to £250,000 | 2% |
| The portion from £250,001 to £925,000 | 5% |
| The portion from £925,001 to £1,500,000 | 10% |
| The portion above £1,500,000 | 12% |
- Rates apply to the portion of the price in each band.
- Replacing a main home is not the additional-property rate.
England and Northern Ireland, first-time buyer relief
In force from 1 April 2025. Rule sdlt-ftb-2025-04-01.
| Portion of the price | Rate |
|---|---|
| The portion up to £300,000 | 0% |
| The portion from £300,001 to £500,000 | 5% |
- If the price is over £500,000, first-time buyer relief does not apply and the standard bands are used.
England and Northern Ireland, additional property
In force from 31 October 2024. Rule sdlt-additional-2024-10-31.
| Portion of the price | Rate |
|---|---|
| The portion up to £125,000 | 5% |
| The portion from £125,001 to £250,000 | 7% |
| The portion from £250,001 to £925,000 | 10% |
| The portion from £925,001 to £1,500,000 | 15% |
| The portion above £1,500,000 | 17% |
- Higher rates are the standard bands plus 5 percentage points.
- A purchase that replaces a main home sold within the HMRC window is not automatically this rate.
£125,000 · £200,000 · £250,000 · £300,000 · £400,000 · £500,000 · £600,000 · £1,000,000
Scotland, standard residential LBTT
In force from 1 April 2021. Rule lbtt-main-2021-04-01.
| Portion of the price | Rate |
|---|---|
| The portion up to £145,000 | 0% |
| The portion from £145,001 to £250,000 | 2% |
| The portion from £250,001 to £325,000 | 5% |
| The portion from £325,001 to £750,000 | 10% |
| The portion above £750,000 | 12% |
- Most purchases of £40,000 or more still need an LBTT return, even when the tax is zero.
Scotland, first-time buyer relief
In force from 1 April 2021. Rule lbtt-ftb-2021-04-01.
| Portion of the price | Rate |
|---|---|
| The portion up to £175,000 | 0% |
| The portion from £175,001 to £250,000 | 2% |
| The portion from £250,001 to £325,000 | 5% |
| The portion from £325,001 to £750,000 | 10% |
| The portion above £750,000 | 12% |
- First-time buyer relief raises the nil-rate band to £175,000. The maximum saving against the standard nil band is £600.
Scotland, additional dwelling
In force from 5 December 2024. Rule lbtt-additional-2024-12-05.
| Portion of the price | Rate |
|---|---|
| The portion up to £145,000 | 0% |
| The portion from £145,001 to £250,000 | 2% |
| The portion from £250,001 to £325,000 | 5% |
| The portion from £325,001 to £750,000 | 10% |
| The portion above £750,000 | 12% |
- ADS is 8% of the price for relevant contracts on or after 5 December 2024, where the price is £40,000 or more.
- Contracts entered into on or before 4 December 2024 can stay on the previous 6% rate. This illustration uses 8%.
£175,000 · £200,000 · £250,000 · £300,000 · £500,000
Wales, main residential LTT
In force from 10 October 2022. Rule ltt-main-2022-10-10.
| Portion of the price | Rate |
|---|---|
| The portion up to £225,000 | 0% |
| The portion from £225,001 to £400,000 | 6% |
| The portion from £400,001 to £750,000 | 7.5% |
| The portion from £750,001 to £1,500,000 | 10% |
| The portion above £1,500,000 | 12% |
- Wales does not have a separate first-time buyer rate table. The main residential bands are used.
Wales, higher residential LTT
In force from 11 December 2024. Rule ltt-higher-2024-12-11.
| Portion of the price | Rate |
|---|---|
| The portion up to £180,000 | 5% |
| The portion from £180,001 to £250,000 | 8.5% |
| The portion from £250,001 to £400,000 | 10% |
| The portion from £400,001 to £750,000 | 12.5% |
| The portion from £750,001 to £1,500,000 | 15% |
| The portion above £1,500,000 | 17% |
- Welsh higher rates are a separate band table, not a flat percentage added to the main rates.
- Higher rates shown are for transactions with an effective date on or after 11 December 2024.
£225,000 · £250,000 · £300,000 · £400,000
Open the LTT calculator · Second homes and additional property
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