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Second Home Stamp Duty Land Tax (SDLT) Threshold
(Effective from 1 April 2025)
Stamp Duty Land Tax (SDLT) must be paid if you buy a property in England and Northern Ireland that exceeds a certain threshold. The Stamp Duty Land Tax payable for second property buyers is calculated differently, the rates of which are detailed below with our example table.
If you are looking to move home, or your first property, you will need to use our Residential Property Stamp Duty Calculator. Or if you are a first time buyer, and the value of your property is less than £500,000, then you will need our First Time Buyer Stamp Duty Calculator.
Stamp Duty Land Tax Property Value Bands and Rates
Property or Lease Premium or Transfer Value
SDLT Rate
Up to £125,000
5%
The next £125,000 (the portion from £125,001 to £250,000)
7%
The next £675,000 (the portion from £250,001 to £925,000)
10%
The next £575,000 (the portion from £925,001 to £1.5 million)
15%
The remaining amount (above £1.5 million)
17%
Example Property or Lease Premium or Transfer Value
SDLT Amount
£100,000
£5,000
£125,000
£6,250
£150,000
£8,000
£250,000
£15,000
£300,000
£20,000
£400,000
£30,000
£500,000
£40,000
£600,000
£50,000
£700,000
£60,000
£800,000
£70,000
£925,000
£82,500
£1,000,000
£93,750
£1,100,000
£108,750
£1,200,000
£123,750
£1,300,000
£138,750
£1,400,000
£153,750
£1,500,000
£168,750
£1,600,000
£185,750
£1,700,000
£202,750
£1,800,000
£219,750
£1,900,000
£236,750
£2,000,000
£253,750
