Stamp Duty on £150,000

Stamp duty land tax on a £150,000 property — standard, first-time buyer, and additional-property rates, 2026.

£500
Stamp duty due
0.33%
Effective rate

England and Northern Ireland rates from 1 April 2025: 0% to £125,000, 2% to £250,000, 5% to £925,000, 10% to £1.5m, 12% above. First-time buyers pay 0% to £300,000 and 5% to £500,000, with no relief at all above £500,000 (standard rates apply to the full price). Additional properties carry a 5% surcharge on top of standard rates. Scotland (LBTT) and Wales (LTT) use different bands and aren't modeled here. Not tax advice.

Stamp duty on £150,000 by buyer type

Buyer typeStamp duty
Home mover / standard£500
First-time buyer£0 (relief applied)
Additional property£8,000

Frequently asked questions

How much is stamp duty on £150,000?

£500 for a standard home-mover purchase — an effective rate of 0.33%. First-time buyers pay £0 thanks to first-time buyer relief, and an additional property (second home or buy-to-let) costs £8,000 including the 5% surcharge.

Do first-time buyers pay stamp duty on £150,000?

No — first-time buyer relief covers the full price up to £300,000, so the stamp duty is £0.

What's the surcharge for a second home at £150,000?

An extra £7,500 (5% of the price) on top of the standard £500, for a total of £8,000.

Other property prices