Stamp Duty on a £350,000 Property

Home movers purchasing at £350,000 pay £7,500 in stamp duty: - £0 on the first £125,000 (0%) - £2,500 on the next £125,000 (2%) - £5,000 on the final £100,000 (5%)

First-time buyers pay just £2,500 thanks to first-time buyer relief: - £0 on the first £300,000 (0%) - £2,500 on the remaining £50,000 (5%)

That's a saving of £5,000 compared to standard rates. First-time buyer relief applies to properties up to £500,000.

Additional property buyers pay £25,000 at this price point due to the 5% surcharge on all bands. Read our stamp duty guide for more details.