Stamp Duty on a £350,000 Property: 2025–26 Figures for Every Buyer Type
In short
Stamp duty on a £350,000 property in England is £7,500 for a standard buyer, £2,500 for an eligible first-time buyer and £25,000 for a buy-to-let or second home. Scotland LBTT is £8,350 and Wales LTT is £7,500. A first-time buyer saves £5,000 against the standard SDLT bill at this price, before legal, mortgage or survey costs.
At £350,000, the property has moved beyond the first-time buyer nil-rate band but remains within the wider first-time buyer relief limit. This creates a meaningful gap between a standard buyer and an eligible first-time buyer.
Stamp duty at a glance
The purchase has moved into the 5% SDLT band, but first-time buyer relief still cuts the England bill by £5,000.
| Buyer Type | SDLT (England) | LBTT (Scotland) | LTT (Wales) |
|---|---|---|---|
| Standard buyer | £7,500 | £8,350 | £7,500 |
| First-time buyer | £2,500 | Standard LBTT shown: £8,350 | Standard LTT shown: £7,500 |
| Additional dwelling | £25,000 (standard + 5%) | Standard LBTT shown: £8,350 | Standard LTT shown: £7,500 |
| Effective rate (standard) | 2.14% | 2.39% | 2.14% |
How Stamp Duty Is Calculated on £350,000
For England and Northern Ireland, the standard SDLT bill on £350,000 is £7,500 because SDLT is calculated in slices, not by applying one rate to the whole price. The first £125,000 is taxed at 0%, the next slice to £250,000 at 2%, and the amount above £250,000 at 5% until the £925,000 threshold. The exact standard SDLT effective rate at this price is 2.14%.
| Band | Taxable Amount | Rate | Tax |
|---|---|---|---|
| £0–£125,000 | £125,000 | 0% | £0 |
| £125,001–£250,000 | £125,000 | 2% | £2,500 |
| £250,001–£925,000 | £100,000 | 5% | £5,000 |
| Total SDLT | £7,500 |
First-Time Buyer Stamp Duty on £350,000
An eligible first-time buyer pays £2,500 SDLT on a £350,000 purchase. The first £300,000 is taxed at 0%, and the remaining £50,000 is taxed at 5%. The result is a £5,000 saving compared with the standard SDLT bill.
First-time buyer saving at this price: £5,000.
Stamp Duty on £350,000 Buy-to-Let or Second Home
For an additional dwelling in England, this page calculates SDLT as standard SDLT plus a 5% surcharge on the full purchase price. On £350,000, the surcharge is £17,500, so the total additional-dwelling SDLT is £25,000. The effective England rate for this scenario is 7.14%.
How Does £350,000 Compare Across England, Scotland and Wales?
The same £350,000 purchase produces different standard tax bills across the UK because SDLT, LBTT and LTT use different band thresholds. At this price, England standard SDLT is £7,500, Scotland LBTT is £8,350, and Wales LTT is £7,500.
| Jurisdiction | Tax | Standard Tax Due | Effective Rate | Difference vs England |
|---|---|---|---|---|
| England & Northern Ireland | SDLT | £7,500 | 2.14% | Baseline |
| Scotland | LBTT | £8,350 | 2.39% | £850 more than England |
| Wales | LTT | £7,500 | 2.14% | Same as England |
Properties Near This Price
Buyers comparing properties around £350,000 should check the neighbouring price points because one extra bid can move part of the price into a higher marginal band. The links below pre-fill the calculator for nearby values and show the standard England SDLT figure.
Adjust for your exact situation — add a different price, switch to Scotland or Wales, or check buy-to-let costs.
Open Full Calculator →Frequently Asked Questions
Stamp duty on a £350,000 house in England is £7,500 for a standard buyer. An eligible first-time buyer pays £2,500, and a buy-to-let or second home buyer pays £25,000 using the additional-dwelling calculation in this page.
Eligible first-time buyers pay £2,500 on a £350,000 purchase and save £5,000 compared with standard SDLT.
Using the additional-dwelling calculation in this page, stamp duty on a £350,000 second home in England is £25,000. That is the standard SDLT of £7,500 plus a 5% surcharge on the full purchase price, equal to £17,500.
No. On a £350,000 property, standard LBTT in Scotland is £8,350 and standard LTT in Wales is £7,500, compared with standard SDLT of £7,500 in England and Northern Ireland.
For England and Northern Ireland, SDLT is normally filed and paid within 14 days of the effective transaction date, usually completion. In practice, the buyer’s solicitor or conveyancer usually files the return and pays the tax from completion funds.