Real Estate · UK

UK Stamp Duty & Property Tax (2026): SDLT, LBTT & LTT

The tax you pay when you buy a home depends on which UK nation you're buying in — and the three systems have different names, bands and thresholds. Here's each one, with a calculator and a full guide.

NationPurchase taxNil-rate band
🏴󠁧󠁢󠁥󠁮󠁧󠁿 England & Northern IrelandStamp Duty Land Tax (SDLT)£125,000 (£300,000 first-time buyers)
🏴󠁧󠁢󠁳󠁣󠁴󠁿 ScotlandLand & Buildings Transaction Tax (LBTT)£145,000 (£175,000 first-time buyers)
🏴󠁧󠁢󠁷󠁬󠁳󠁿 WalesLand Transaction Tax (LTT)£225,000 (no first-time buyer relief)

🏴󠁧󠁢󠁥󠁮󠁧󠁿 England & Northern Ireland

Stamp Duty Land Tax (SDLT)

🏴󠁧󠁢󠁳󠁣󠁴󠁿 Scotland

Land & Buildings Transaction Tax (LBTT)

🏴󠁧󠁢󠁷󠁬󠁳󠁿 Wales

Land Transaction Tax (LTT)

Why three different systems?

Property transaction tax is devolved. Scotland replaced UK stamp duty with LBTT in 2015, and Wales introduced LTT in 2018; only England and Northern Ireland still use SDLT. The structures are similar — marginal bands, a surcharge for additional properties — but the thresholds differ enough to change your bill by thousands. Always check the system for where you're buying, not where you live.

Buying a second home or from abroad?

On top of the standard bands, England & NI add a 5% surcharge for additional properties and a 2% surcharge for non-UK residents — and the two stack to standard rates plus 7%. Our UK stamp duty surcharges guide explains who pays each, worked examples, and when you can claim a refund.

Frequently asked questions

Is stamp duty the same across the UK?
No — SDLT (England & NI), LBTT (Scotland) and LTT (Wales) each have their own bands.

Which nation has the highest threshold?
Wales, at £225,000, versus £145,000 in Scotland and £125,000 in England & NI.

Do all three have a second-home surcharge?
Yes — England & NI add 5%, Scotland adds 8% (ADS), and Wales uses separate higher rates (5%–17%).

Figures as of June 2026. Rates change at Budgets — verify on GOV.UK, revenue.scot and gov.wales. General information, not regulated financial advice (FCA).