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.
How much stamp duty is due on a £150,000 house?
Under the April 2025 rates, a £150,000 purchase in England or Northern Ireland costs a home mover £500 in stamp duty, 0.33% of the price. On the same £150,000, a first-time buyer pays nothing. As an additional property it costs £8,000, including £7,500 of 5% surcharge.
Stamp duty on £150,000 by buyer type
| Buyer type | Stamp duty | Effective rate | vs home mover |
|---|---|---|---|
| Home mover / standard | £500 | 0.33% | same |
| First-time buyer | £0 (relief applied) | 0.00% | -£500 |
| Additional property | £8,000 | 5.33% | +£7,500 |
How £150,000 is taxed, band by band
| Band | Slice of the price | Home mover | Additional property |
|---|---|---|---|
| Up to £125,000 | £125,000 | 0% = £0 | 5% = £6,250 |
| £125,001 to £250,000 | £25,000 | 2% = £500 | 7% = £1,750 |
| Total | £150,000 | £500 | £8,000 |
Of the £150,000 price, the first £125,000 is taxed at 0% and the remaining £25,000 at 2% (£500).
First-time buyer relief at £150,000
All £150,000 sits inside the £300,000 zero-rate slice, so a first-time buyer owes £0 and keeps the £500 a home mover would pay. Relief needs every buyer on the purchase to be a first-time buyer and the home to be their main residence.
What changes around £150,000
- From £150,000 to £250,000, £100,000 of headroom, every £1,000 more adds £20 for a home mover; the 5% rate starts at £250,001.
- At £200,000 the home-mover bill would be £1,500, £1,000 more than at £150,000.
At £150,000 only £25,000 of the price reaches the 2% band, so a home mover's bill is a modest £500. The surcharge changes the picture completely: an investor buying the same property as a buy-to-let pays £8,000, 16 times as much, because the extra 5% applies from the very first pound. A first-time buyer pays nothing here and would keep paying nothing up to £300,000.
Frequently asked questions
£500 at standard rates (a home mover), £0 for a first-time buyer, and £8,000 for a second home or buy-to-let.
No - first-time buyer relief covers the full price up to £300,000, so the stamp duty is £0, a saving of £500 against a home mover.
£7,500 extra: 5% of £150,000, added to the £500 standard bill for £8,000 in total.
At £160,000 a home mover would pay £700 (£200 more), a first-time buyer £0 (£0 more) and an additional-property buyer £8,700 (£700 more).
Other property prices
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Reviewed by Raja Jahangir · Last reviewed: October 2026