Stamp duty on £350,000

The short answer

Stamp duty on a £350,000 home in England is £7,500 if you’re moving home, and £2,500 for a first-time buyer.

	England and NI	Share of price
First-time buyer	£2,500	0.7%
Moving home	£7,500	2.1%
Extra home or buy-to-let	£25,000	7.1%

First-time buyers pay £2,500, which is 5% of the part over £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 £25,000.

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

Scotland and Wales

	Main home	First-time buyer
Scotland (LBTT)	£8,350	£7,750
Wales (LTT)	£7,500	£7,500

How LBTT and LTT work.

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Other prices

£200,000 £250,000 £300,000 £400,000 £450,000

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

Questions

How much is stamp duty on £350,000?

In England and Northern Ireland, £7,500 if you’re moving home, £2,500 for a first-time buyer, and £25,000 for an additional home, for purchases from 1 April 2025.

How much is stamp duty on £350,000 in Scotland?

Land and Buildings Transaction Tax is £8,350, or £7,750 for a first-time buyer.

How much is stamp duty on £350,000 in Wales?

Land Transaction Tax is £7,500 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