Stamp Duty Rates in England (2025)
From April 2025, stamp duty rates in England returned to their pre-holiday thresholds. The standard rates for residential property in England are:
| Property Value | Standard Rate | Additional Property |
|---|---|---|
| Up to £125,000 | 0% | 3% |
| £125,001 – £250,000 | 2% | 5% |
| £250,001 – £925,000 | 5% | 8% |
| £925,001 – £1,500,000 | 10% | 13% |
| Over £1,500,000 | 12% | 15% |
First-time buyers in England pay no stamp duty on properties up to £300,000, and 5% on the portion between £300,001 and £500,000. For properties above £500,000, no relief applies and standard rates are used.
Stamp Duty in Wales (LTT Rates 2025)
In Wales, Land Transaction Tax (LTT) applies with different thresholds to England. The nil-rate band applies up to £225,000, compared to £125,000 in England. Rates of 6%, 7.5%, 10% and 12% apply to higher bands. There is a 4% surcharge for additional properties in Wales.
Stamp Duty in Scotland (LBTT Rates 2025)
Scotland's Land and Buildings Transaction Tax (LBTT) has a nil-rate band up to £145,000. Rates of 2%, 5%, 10% and 12% apply above that. The Additional Dwelling Supplement (ADS) for second properties is 6% of the total purchase price — significantly higher than the equivalent surcharges in England and Wales. First-time buyers in Scotland benefit from a £2,000 discount on their LBTT bill.