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Stamp Duty on a £500,000 Property

Stamp duty (SDLT) on a £500,000 property in England or Northern Ireland is £15,000 for a standard purchase — an effective rate of 3.00%. First-time buyers pay just £10,000, saving £5,000.

Standard Purchase

£15,000

Effective rate: 3.00%

First-Time Buyer

£10,000

Save £5,000

Additional Property

£30,000

Includes 3% surcharge

SDLT Band Breakdown (Standard Purchase)

BandRateTaxable AmountTax
£1 – £125k0%£125,000£0
£125k – £250k2%£125,000£2,500
£250k – £925k5%£250,000£12,500
Total£15,000
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Frequently Asked Questions

Stamp Duty at Other Prices

Stamp duty rates shown are for England and Northern Ireland (SDLT) as of April 2025. Wales uses Land Transaction Tax (LTT) and Scotland uses LBTT — different rates apply. Results are estimates only. Always verify with HMRC or your conveyancer before completion.