Stamp Duty Land Tax

“I’m buying my first house, do I have to pay stamp duty……”

First time buyers of residential properties in England, Wales and Northern Ireland will not pay Stamp Duty Land Tax (SDLT) when buying a property of £300,000 or less. 

First time buyers paying between £300,000 and £500,000 will pay SDLT at 5% on the amount of the purchase price above £300,000.