Stamp Duty
Stamp Duty on £450,000
A home mover buying at £450,000 in England or Northern Ireland pays £12,500 in stamp duty, an effective rate of 2.78%. Here is what every type of buyer pays.
By Buyer Type
| Buyer | Stamp duty | Effective rate | Notes |
|---|---|---|---|
| Home mover (main residence) | £12,500 | 2.78% | Standard residential rates. |
| First-time buyer | £7,500 | 1.67% | Relief applies only when the price is £500,000 or less; above that, standard rates apply. |
| Second home or buy-to-let | £35,000 | 7.78% | Standard rates plus the 5% higher rates for additional dwellings. |
| Non-UK resident (main residence) | £21,500 | 4.78% | Standard rates plus the 2% non-resident surcharge. |
| Non-UK resident, additional property | £44,000 | 9.78% | Standard rates plus the 5% higher rates and the 2% non-resident surcharge. |
How It Is Worked Out (Home Mover)
| £0 to £125,000 at 0% | £0 |
| £125,000 to £250,000 at 2% | £2,500 |
| £250,000 to £450,000 at 5% | £10,000 |
| Total | £12,500 |
Try a Different Price
Stamp duty to pay
£12,500
Effective rate 2.78%
| £0 to £125,000 at 0% | £0 |
| £125,000 to £250,000 at 2% | £2,500 |
| £250,000 to £925,000 at 5% | £10,000 |
Financing it? Repayments on a £450,000 mortgage. Buying elsewhere in the UK? LBTT on £450,000 in Scotland · LTT on £450,000 in Wales
How much stamp duty does a home mover (main residence) pay on £450,000?
£12,500, an effective rate of 2.78%. Standard residential rates.
How much stamp duty does a first-time buyer pay on £450,000?
£7,500, an effective rate of 1.67%. Relief applies only when the price is £500,000 or less; above that, standard rates apply.
How much stamp duty does a second home or buy-to-let pay on £450,000?
£35,000, an effective rate of 7.78%. Standard rates plus the 5% higher rates for additional dwellings.
How much stamp duty does a non-uk resident (main residence) pay on £450,000?
£21,500, an effective rate of 4.78%. Standard rates plus the 2% non-resident surcharge.
England and Northern Ireland residential rates. A guide, not tax advice: your solicitor confirms the final figure.