England first-time buyer stamp duty

Stamp duty land tax (SDLT) in England is paid on completion. First-time buyer relief cuts the bill on purchases of £500,000 or less when every buyer is a first-time buyer. Weezz does not calculate Scotland LBTT, Wales LTT, or Northern Ireland.

Bands understood August 2026

• Purchase £500,000 or less, every buyer a first-time buyer: 0% on the first £300,000, 5% on £300,001 to £500,000.
• Purchase above £500,000: no first-time buyer relief. Standard residential rates apply.

Confirm the live rates on GOV.UK SDLT residential rates before you rely on a figure.

Worked example

On a £400,000 first home in England with FTB relief: the first £300,000 is charged at 0%. The next £100,000 is charged at 5%, so stamp duty is £5,000. That sits on top of the deposit, not inside it.

On a £550,000 purchase, first-time buyer relief does not apply. Use the standard residential bands on GOV.UK for that price.

Use your price, not a generic table

The deposit gap calculator folds England FTB stamp duty into the cash still needed, together with typical extras you can edit. Type the house price you have in mind rather than guessing from someone else’s example.

Work out stamp duty and extras on your figures. Estimates from what you enter, not advice.