Stamp Duty on £375,000 in 2026/27
Stamp Duty Land Tax on a price of £375,000 comes to £8,750 for a home mover in England or Northern Ireland in 2026/27. The figure is £3,750 for a first-time buyer and £27,500 for a second home.
Stamp Duty to pay
£8,750
That is 2.33% of the price
| Part of the price | Rate | Tax |
|---|---|---|
| £0 to £125,000 | 0% | £0 |
| £125,000 to £250,000 | 2% | £2,500 |
| £250,000 to £375,000 | 5% | £6,250 |
| Total | £8,750 |
How this was worked out
- £0 to £125,000: £125,000 × 0% = £0
- £125,000 to £250,000: £125,000 × 2% = £2,500
- £250,000 to £375,000: £125,000 × 5% = £6,250
- Total: £8,750
| Tax | Buyer | Total |
|---|---|---|
| Stamp Duty Land Tax | First-time buyer | £3,750 |
| Stamp Duty Land Tax | Moving home | £8,750 |
| Stamp Duty Land Tax | Buyer who will own more than one home | £27,500 |
| LBTT | Moving home | £10,850 |
| LTT | Moving home | £9,000 |
To reach £8,750, the price of £375,000 is cut at each band edge, and each slice pays only the rate for its own band. The table lists every slice of £375,000 and the tax it adds.
At £375,000 a first-time buyer gets the relief and pays £3,750. The £3,750 figure needs every buyer to be buying a first home, and the home must be where they will live.
The higher rates for an additional home add 5% to every band, so the tax on £375,000 rises to £27,500. A buyer replacing their main home does not normally pay the higher rates on a £375,000 purchase, within HMRC's time limits.
At £375,000, a buyer moving home pays £10,850 in LBTT in Scotland and £9,000 in LTT in Wales. LTT has no relief for first-time buyers, so £9,000 is also the figure for a first home in Wales.
Every figure for £375,000 is for a wholly residential freehold, or the premium on a lease, bought by a UK resident. The non-resident surcharge of 2% on each rate is not included in the £375,000 figures.
The Stamp Duty calculator works out the tax on prices above or below £375,000. The LBTT calculator and the LTT calculator show the working behind £10,850 and £9,000.