How SDLT works at this property price
Stamp Duty Land Tax uses slices of the property price rather than one flat rate. That means
the amount above each threshold is what changes the bill, not the whole purchase price.
All figures on this page assume a property price of £125,000. You can change the
price or buyer type using the calculator above.
Why buyer type still matters
The slug only tracks property price because that is what people usually search. But SDLT can
change sharply between a standard home move, a qualifying first-time purchase, and an
additional property purchase at the same price.
That is why the calculator above keeps buyer type editable and the comparison table shows all
three views side by side.
Thresholds to watch
For many buyers, the most important SDLT thresholds are around £250,000,
£500,000, and £925,000. Crossing one of those points can change both
the tax due and the upfront cash required on completion.
That is why nearby price pages are often useful when negotiating a purchase price or testing
affordability.
Stamp duty below the £125,000 threshold
At £125,000, the standard home-mover SDLT bill is £0. Property prices up to £125,000 fall entirely within the nil-rate band.
First-time buyers also pay £0 here - the FTB nil-rate threshold runs to £300,000, so buyer type makes no difference at this price.
The first SDLT band that bites is 2% on the slice between £125,000 and £250,000. That is the next price point where home movers start paying any tax.
Anyone buying an additional property still pays the surcharge here - currently 5% on the whole purchase price for second homes and buy-to-let.