Stamp duty on £400,000

The short answer

Stamp duty on a £400,000 home in England is £10,000 if you’re moving home, and £5,000 for a first-time buyer.

	England and NI	Share of price
First-time buyer	£5,000	1.2%
Moving home	£10,000	2.5%
Extra home or buy-to-let	£30,000	7.5%

First-time buyers pay £5,000, 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 £30,000.

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

Scotland and Wales

	Main home	First-time buyer
Scotland (LBTT)	£13,350	£12,750
Wales (LTT)	£10,500	£10,500

How LBTT and LTT work.

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Other prices

£250,000 £300,000 £350,000 £450,000 £500,000

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

Questions

How much is stamp duty on £400,000?

In England and Northern Ireland, £10,000 if you’re moving home, £5,000 for a first-time buyer, and £30,000 for an additional home, for purchases from 1 April 2025.

How much is stamp duty on £400,000 in Scotland?

Land and Buildings Transaction Tax is £13,350, or £12,750 for a first-time buyer.

How much is stamp duty on £400,000 in Wales?

Land Transaction Tax is £10,500 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