Stamp Duty on a £500,000 Property
Half a million pounds is a key price point — it's the ceiling for first-time buyer stamp duty relief. Here's the breakdown.
Calculate your exact figures
Open calculator with these valuesHome movers pay £15,000 in stamp duty on a £500,000 property: - £0 on the first £125,000 (0%) - £2,500 on £125,001–£250,000 (2%) - £12,500 on £250,001–£500,000 (5%)
First-time buyers pay £10,000 — the maximum relief available: - £0 on the first £300,000 (0%) - £10,000 on £300,001–£500,000 (5%)
Above £500,000, first-time buyers lose relief entirely and pay standard rates on the full amount. If you're looking at properties near this threshold, even £1 over can cost thousands more.
Additional property buyers pay £40,000 including the 5% surcharge.
Run Your Own Numbers
These figures are based on typical rates. Use our calculator with your actual mortgage details for precise projections.
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