Stamp duty for first-time buyers

If you and everyone buying with you have never owned a residential property anywhere in the world, you may qualify for first-time buyer relief.

England & Northern Ireland

From 1 April 2025 you pay:

• 0% on the first £300,000
• 5% on the portion from £300,001 to £500,000

If the price is over £500,000, relief is not available and standard rates apply to the whole price.

Examples (rates checked 19 October 2026):

• £300,000 FTB → £0.00
• £400,000 FTB → £5,000.00 (5% on £100,000)
• £500,000 FTB → £10,000.00 (GOV.UK worked example)

Source: GOV.UK residential rates.

Scotland

First-time buyer relief raises the nil-rate band from £145,000 to £175,000 (maximum saving £600). It is not available if Additional Dwelling Supplement applies.

Example: £250,000 FTB → £1,500.00 (0% on £175k + 2% on £75k).

Source: Revenue Scotland FTB relief.

Wales

Wales does not currently offer a separate first-time buyer relief. Main residential LTT rates apply (0% to £225,000).

Guidance only — not advice. Confirm eligibility with your conveyancer.