Stamp duty on a £650,000 house
£22,500 for a home mover in England or Northern Ireland, £38,350 in Scotland and £29,250 in Wales. First-time buyers and second homes change all three, worked below.
Every buyer, every nation, at £650,000
| Where | Main home | First-time buyer | Second home / buy-to-let |
|---|---|---|---|
| England & Northern Ireland | £22,500 | £22,500 (no relief at this price) | £55,000 |
| Scotland (LBTT) | £38,350 | £37,750 | £90,350 |
| Wales (LTT) | £29,250 | £29,250 (no relief in Wales) | £61,200 |
First-time buyer relief does not exist at this price in England and Northern Ireland: it ends entirely above £500,000, so a first-time buyer pays the same £22,500 as anyone else.
Where the England figure comes from
| Band | Tax |
|---|---|
| 0% on £0 to £125,000 | £0 |
| 2% on £125,000 to £250,000 | £2,500 |
| 5% on £250,000 to £650,000 | £20,000 |
| Total (England & NI, main home) | £22,500 |
The bands work like income tax: each rate applies only to the slice of the price inside it. The stamp duty calculator reworks these figures for any price and situation, and the mortgage repayment calculator covers the monthly cost of the borrowing itself.
Common questions
How much is stamp duty on a £650,000 house for a first-time buyer?
The relief no longer applies: above £500,000 a first-time buyer in England and Northern Ireland pays the standard £22,500. Scotland's relief still applies (£37,750); Wales has none (£29,250).
How much is stamp duty on a £650,000 second home?
£55,000 in England and Northern Ireland (the standard £22,500 plus 5% of the whole price), £90,350 in Scotland with the 8% Additional Dwelling Supplement, and £61,200 in Wales under its higher-rate table.