Skip to content

Stamp duty on a £200,000 house

Reviewed by ClearPayslip editorial teamUpdated on Methodology

Calculated with official data from Stamp Duty Land Tax: residential property rates (GOV.UK) · Higher rates of Stamp Duty Land Tax (HMRC) · +2

Short answer

Stamp duty on a £200,000 home in England or Northern Ireland is £1,500 if you are moving home (0.75% of the price). A first-time buyer pays £0, saving £1,500. For an additional property it is £11,500. In Scotland LBTT is £1,100 and in Wales LTT is £0.

Stamp Duty Land Tax (SDLT)

£1,500

0.75% of the price

0% on £0–£125,000
£0
2% on £125,000–£200,000
£1,500

Residential purchase of a single dwelling. Excludes the 2% SDLT surcharge for non-UK residents, multiple dwellings and non-residential property. Not tax advice.

Key facts

  • Home mover (England & NI):£1,500.
  • First-time buyer (England & NI):£0.
  • Second home or buy-to-let (England & NI):£11,500.
  • Scotland (LBTT):£1,100; Wales (LTT): £0.

Stamp duty on £200,000 by buyer and nation

Home moverFirst-time buyerAdditional property
England and Northern Ireland (SDLT)£1,500£0£11,500
Scotland (LBTT)£1,100£500£17,100
Wales (LTT)£0£0£10,700

What is specific to a £200,000 purchase

  • England and Northern Ireland (SDLT): the top of the price falls in the 2% band, with £75,000 of the price above £125,000. The 5% band starts £50,000 higher, at £250,000.
  • Scotland (LBTT): the top of the price falls in the 2% band, with £55,000 of the price above £145,000. The 5% band starts £50,000 higher, at £250,000.
  • Wales (LTT): the top of the price falls inside the nil-rate band (no tax up to £225,000). The 6% band starts £25,000 higher, at £225,000.
  • First-time buyers in England and NI pay nothing at this price: their nil-rate band reaches £300,000.
  • For a home mover, Wales is the cheapest nation at this price and England and Northern Ireland the dearest, £1,500 apart.

How it is calculated (England and Northern Ireland)

  • 0% on the first £125,000 = £0
  • 2% on the next £75,000 = £1,500
  • Total: £1,500

First-time buyer: 0% on the first £200,000 = £0. Total £0.

Additional property: the standard £1,500 plus 5% of the whole price (£10,000) = £11,500.

Scotland and Wales

  • Scotland (LBTT): £1,100 for a home mover, £500 for a first-time buyer and £17,100 with the 8% Additional Dwelling Supplement.
  • Wales (LTT): £0 at the main rates (also for first-time buyers) and £10,700 at the higher rates for an additional property.

Frequently asked questions

How much is stamp duty on £200,000?

£1,500 in England and Northern Ireland for a home mover, £0 for a first-time buyer and £11,500 for an additional property.

How much stamp duty on £200,000 for a first-time buyer?

£0 in England and Northern Ireland, £500 in Scotland and £0 in Wales, which has no first-time buyer relief.

Official sources