Stamp Duty
Residential land or property SDLT rates and thresholds
| Property Purchase Price | SDLT rate | SDLT rate for first-time buyers |
| Up to £125,000 | Zero | Zero |
| Over £125,000 to £250,000 | 1% | Zero |
| Over £250,000 to £500,000 | 3% | 3% |
| Over £500,000 to £1 million | 4% | 4% |
| Over £1 million | 5% | 5% |
First time buyers can secure a two-year temporary stamp duty relief up to £250,000 until 24th March 2012.
