Stamp duty on £300,000

The short answer

Stamp duty on a £300,000 home in England is £5,000 if you’re moving home, and £0 for a first-time buyer.

	England and NI	Share of price
First-time buyer	£0	0.0%
Moving home	£5,000	1.7%
Extra home or buy-to-let	£20,000	6.7%

First-time buyers pay nothing, because the price is under £300,000.
Buying an extra home, such as a second home or buy-to-let, adds 5% of the whole price, so you’d pay £20,000.

Work out your full costs I’m a first-time buyer

Scotland and Wales

	Main home	First-time buyer
Scotland (LBTT)	£4,600	£4,000
Wales (LTT)	£4,500	£4,500

How LBTT and LTT work.

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Other prices

£200,000 £250,000 £350,000 £400,000

Buying a buy-to-let? Landlord Sums has stamp duty and tax calculators for landlords.

Questions

How much is stamp duty on £300,000?

In England and Northern Ireland, £5,000 if you’re moving home, £0 for a first-time buyer, and £20,000 for an additional home, for purchases from 1 April 2025.

How much is stamp duty on £300,000 in Scotland?

Land and Buildings Transaction Tax is £4,600, or £4,000 for a first-time buyer.

How much is stamp duty on £300,000 in Wales?

Land Transaction Tax is £4,500 for a main home, whether or not you’re a first-time buyer.

Rates for homes bought from 1 April 2025. A guide, not legal advice. Your solicitor will confirm the exact amount.

Last checked against GOV.UK: 9 October 2026