Last updated: 18 October 2026
This guide sets out the current Stamp Duty Land Tax (SDLT) rates for England and Northern Ireland in 2026/27, along with Land and Buildings Transaction Tax (LBTT) in Scotland and Land Transaction Tax (LTT) in Wales. The SDLT rates below have applied since 1 April 2025, when the temporary higher nil-rate bands ended, and the 5% surcharge on additional properties has applied since 31 October 2024.
ENGLAND & NORTHERN IRELAND: STAMP DUTY LAND TAX (SDLT) RATES
Residential properties: from 1 April 2025
| Property value | UK residents | Non-UK residents | ||
| Only property | Additional property | Only property | Additional property | |
| Up to £125,000 | Nil | 5% | 2% | 7% |
| Next portion from £125,001 to £250,000 | 2% | 7% | 4% | 9% |
| Next portion from £250,001 to £925,000 | 5% | 10% | 7% | 12% |
| Next portion from £925,001 to £1,500,000 | 10% | 15% | 12% | 17% |
| Remaining amount above £1,500,000 | 12% | 17% | 14% | 19% |
Example: a UK resident buying a £295,000 home as their only property pays £4,750 in SDLT (2% on £125,000 plus 5% on £45,000). If it were an additional property, the 5% surcharge on the whole price would add £14,750, making £19,500.
Note 1: Higher rates of SDLT on purchases of additional residential properties were introduced on 1 April 2016 at 3% and increased to 5% from 31 October 2024. They also apply to companies and other non-individual buyers.
Note 2: Since 1 April 2021, non-UK residents buying residential property in England and Northern Ireland pay a 2% surcharge on top of the rates that would otherwise apply.
Note 3: The higher rates do not apply if you are replacing your main residence and sell the old one within 36 months, subject to conditions, or to purchases under £40,000.
| SDLT for first-time buyers from 1 April 2025 | Rates of tax |
| Up to £300,000 | Nil |
| Next portion from £300,001 to £500,000 | 5% |
| Price above £500,000 | No relief: standard rates apply to the whole price |
Note 4: Between 23 September 2022 and 31 March 2025, first-time buyers paid no SDLT up to £425,000, with relief available up to £625,000. Those temporary limits have now ended.
Note 5: Companies and other ‘non-natural persons’ (including partnerships with a corporate partner and collective investment schemes) buying a residential property for more than £500,000 pay a flat 17% SDLT (19% for non-UK residents), unless a relief applies, for example for property rental businesses or developers. They may also be within the Annual Tax on Enveloped Dwellings (ATED) regime.
Non-residential properties or mixed-use properties
| Property or lease premium or transfer value | Rates of tax |
| Up to £150,000 | Nil |
| The next portion from £150,001 to £250,000 | 2% |
| The remaining amount above £250,000 | 5% |
New leasehold properties: SDLT rates on net present value (NPV) of rent from 1 April 2025
| Residential property | Non-residential or mixed-use properties | Rates of tax |
| Up to £125,000 | Up to £150,000 | Nil |
| Over £125,000 | Next portion from £150,001 to £5m | 1% |
| Over £5m | 2% |
SDLT returns must be filed, and the tax paid, within 14 days of completion.
SCOTLAND: LAND AND BUILDINGS TRANSACTION TAX (LBTT) RATES
Residential properties: 2026/27
| Property or lease premium or transfer value | Rates of tax |
| Up to £145,000 | Nil |
| Next portion from £145,001 to £250,000 | 2% |
| Next portion from £250,001 to £325,000 | 5% |
| Next portion from £325,001 to £750,000 | 10% |
| Remaining amount over £750,000 | 12% |
Note 6: First-time buyer relief in Scotland raises the nil-rate band from £145,000 to £175,000.
Note 7: The Additional Dwelling Supplement (ADS) is 8% of the total price for additional residential properties of £40,000 or more, up from 6% for transactions on or after 5 December 2024. It does not apply when replacing your main residence, subject to conditions.
Non-residential properties or mixed-use properties
| Property or lease premium or transfer value | Rates of tax |
| Up to £150,000 | Nil |
| Next portion from £150,001 to £250,000 | 1% |
| Remaining amount over £250,000 | 5% |
WALES: LAND TRANSACTION TAX (LTT) RATES
Residential properties: 2026/27
| Property value | Main rates | Higher rates (from 11 December 2024) |
| Up to £180,000 | Nil | 5% |
| Next portion from £180,001 to £225,000 | Nil | 8.5% |
| Next portion from £225,001 to £250,000 | 6% | 8.5% |
| Next portion from £250,001 to £400,000 | 6% | 10% |
| Next portion from £400,001 to £750,000 | 7.5% | 12.5% |
| Next portion from £750,001 to £1.5m | 10% | 15% |
| Remaining amount over £1.5m | 12% | 17% |
Wales has no separate first-time buyer relief, but the main rates start at £225,000.
Non-residential properties or mixed-use properties
| Property or lease premium or transfer value | Rates of tax |
| Up to £225,000 | Nil |
| Next portion from £225,001 to £250,000 | 1% |
| Next portion from £250,001 to £1m | 5% |
| Remaining amount over £1m | 6% |
Stamp Duty on Shares and Securities
Stamp duty on paper transfers of shares and securities is 0.5% of the price, rounded up to the nearest £5, where the consideration is more than £1,000. Electronic share purchases are charged Stamp Duty Reserve Tax at 0.5%.
Need help? Stamp duty can be complex, especially for additional properties, mixed-use buildings, company purchases and linked transactions. Our property tax accountants can check your liability and any reliefs before you complete.
