Stamp Duty on a £350,000 property

Buying a residential property for £350,000 in England or Northern Ireland costs £7,500 in Stamp Duty Land Tax for a standard buyer. A first-time buyer pays £2,500, and someone buying an additional property pays £25,000. In Wales the Land Transaction Tax at the main rates is £7,500.

The working, standard buyer

0% on £125,000 (£0 to £125,000): £0
2% on £125,000 (£125,001 to £250,000): £2,500
5% on £100,000 (£250,001 to £350,000): £5,000

Total: £7,500, which is 2.14% of the price.

The other cases

First-time buyer	£2,500
Additional property (higher rates)	£25,000
Wales, main rates	£7,500
Wales, higher rates	£24,950

Things to know

A first-time buyer saves £5,000 at this price.
The higher rates add 5 percentage points to each standard band in England and Northern Ireland, so the extra on this price is £17,500.
The tax is paid within 14 days of completion, usually by your conveyancer on completion day.

Common questions

How much Stamp Duty on a £350,000 property?

In England and Northern Ireland: £7,500 as a standard buyer, £2,500 as a first-time buyer, £25,000 buying an additional property. In Wales Land Transaction Tax is £7,500 at the main rates.

Use the calculator

Sources

England and Northern Ireland Stamp Duty Land Tax: GOV.UK, "Residential property rates" (gov.uk), "Stamp Duty Land Tax: buying an additional residential property" (gov.uk) and "Rates for non-residential and mixed land and property" (gov.uk), read on 13 November 2026.
Wales Land Transaction Tax: GOV.WALES, "Land Transaction Tax rates and bands" (gov.wales), read on 13 November 2026; the page shows it was last updated on 10 December 2024.
Scotland Land and Buildings Transaction Tax: Revenue Scotland, "Residential property", "The Additional Dwelling Supplement (ADS)" and "Non-residential property" (revenue.scot), read on 13 November 2026.

Rates read on 13 November 2026 from GOV.UK, GOV.WALES and Revenue Scotland for freehold residential purchases. They change with Budgets: check the current rate with HMRC (England and Northern Ireland) or the Welsh Revenue Authority (Wales) before you buy. Scotland charges Land and Buildings Transaction Tax, from Revenue Scotland. This site is independent and gives arithmetic, not legal or tax advice.