Calculate Stamp Duty
£350,000
£
April 2025 Threshold Change The nil-rate threshold for standard purchases returned to £125,000 from 1 April 2025.
Enter your details and click Calculate Stamp Duty to see your SDLT, effective rate, and band-by-band breakdown.
Your SDLT Result
Stamp Duty Land Tax
£0
Effective rate: 0%
Effective rate
0%
Monthly equivalent
—
Tax-free portion
—
Taxable portion
—
Property price
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Filing deadline
14 days from completion
For guidance only. Always verify SDLT liability with HMRC or a solicitor. Rates correct as of April 2025.
Stamp Duty on a £350,000 Property (2026)
A £350,000 property is one of the most common purchase prices in the UK, sitting close to the national average. The stamp duty you pay varies significantly depending on your buyer type — from £2,500 for a first-time buyer to £18,000 for an additional property.
SDLT Breakdown at £350,000 by Buyer Type
| Band | First Time Buyer | Standard | Additional / BTL |
|---|---|---|---|
| £0 – £125,000 | £0 | £0 | £3,750 |
| £125,001 – £250,000 | £0 | £2,500 | £6,250 |
| £250,001 – £300,000 | £0 | £2,500 | £4,000 |
| £300,001 – £350,000 | £2,500 | £2,500 | £4,000 |
| Total SDLT | £2,500 | £7,500 | £18,000 |
How £350k SDLT Compares to Nearby Prices
| Price | FTB | Standard | Additional / BTL |
|---|---|---|---|
| £300,000 | £0 | £5,000 | £14,000 |
| £325,000 | £1,250 | £6,250 | £16,000 |
| £350,000 | £2,500 | £7,500 | £18,000 |
| £375,000 | £3,750 | £8,750 | £20,000 |
| £400,000 | £5,000 | £10,000 | £22,000 |
What Changed for £350k Buyers in 2026
Under the temporary thresholds (before April 2025), a first-time buyer at £350,000 paid £0 in SDLT. Now they pay £2,500 — a £2,500 increase. Standard buyers went from £5,000 to £7,500 — a £2,500 increase.
For additional property buyers, the change is even larger: from £15,500 to £18,000, a £2,500 increase on top of the already substantial 3% surcharge. This makes £350,000 a key price point where the SDLT bill is now material for all buyer types.
Calculate Your Full £350k Purchase Cost
- Deposit Calculator — a 10% deposit on £350k is £35,000. See how long it takes to save and which LTV tier you hit.
- Mortgage Calculator — estimate monthly repayments on a £315,000 mortgage (10% deposit) at current rates.
- Moving Costs Calculator — budget for all costs: £35k deposit + £7.5k SDLT + solicitor fees + surveys + removals.
- FTB Calculator — confirm your £2,500 FTB relief saving and check eligibility requirements.
- Full SDLT Calculator — compare across all 4 UK nations and buyer types for a complete picture.
✅ SDLT calculations verified against HMRC rates, March 2026. This page is for guidance only. Your solicitor will confirm the exact SDLT due on your specific transaction.
Common Mistakes to Avoid When Buying a £350,000 Property
- Forgetting to budget for stamp duty on top of the purchase price. At £350,000, standard buyers pay £7,500 in SDLT. Failing to set this aside leaves a shortfall at completion that can delay or collapse the sale.
- Not checking first-time buyer eligibility. If you qualify as a first-time buyer, you pay £0 SDLT on a £350,000 home thanks to the £300,000 nil-rate threshold and the 5% band above it. Missing this relief costs you £7,500 needlessly.
- Overlooking the additional-property surcharge. If you already own another property (even abroad), you face an extra 5% surcharge — pushing your SDLT from £7,500 to £25,000 on a £350,000 purchase.
- Underestimating total upfront costs. SDLT is only one expense. Solicitor fees (£1,200–£2,000), survey costs (£400–£1,500), and moving expenses (£500–£1,500) can add £3,000–£5,000 on top of your deposit and stamp duty.
- Missing the 14-day filing deadline. You must file your SDLT return and pay the tax within 14 days of completion. Late filing triggers an automatic £100 penalty, and interest accrues daily on unpaid tax.
5 Steps to Buying a £350,000 Property
- Confirm your budget and get a mortgage agreement in principle. At £350,000, most lenders require a minimum 10% deposit (£35,000). Factor in £7,500 SDLT plus £3,000–£5,000 for legal and survey fees.
- Make your offer and instruct a solicitor. Once your offer is accepted, your solicitor will handle searches, contract review, and the SDLT filing. Choose a conveyancer experienced with residential purchases in your area.
- Arrange your survey and mortgage valuation. Your lender will commission a valuation; separately consider a HomeBuyer Report (£400–£700) or Building Survey (£600–£1,500) to identify any issues before exchange.
- Exchange contracts and pay your deposit. At exchange, you commit legally and typically pay 10% (£35,000). Your solicitor will confirm the SDLT amount and prepare the return for submission.
- Complete and file your SDLT return. On completion day, your solicitor sends the purchase funds, you receive the keys, and the SDLT return is filed with HMRC within 14 days. Your £7,500 SDLT is paid electronically.
Total Purchase Costs at £350,000 by Buyer Type
This table compares the total upfront costs for different buyer categories purchasing a £350,000 property in 2025/26.
| Cost | First-Time Buyer | Standard Buyer | Additional Property |
|---|---|---|---|
| SDLT | £2,500 | £7,500 | £25,000 |
| Deposit (10%) | £35,000 | £35,000 | £35,000 |
| Legal fees | £1,500 | £1,500 | £1,800 |
| Survey | £500 | £500 | £500 |
| Moving costs | £800 | £800 | £800 |
| Total Upfront Cost | £40,300 | £45,300 | £63,100 |
Did You Know?
Did You Know? A £350,000 property sits very close to the UK average house price of £295,000 (ONS, early 2026). In many regions outside London and the South East, this budget secures a spacious three- or four-bedroom family home.
Did You Know? The SDLT nil-rate band for standard buyers dropped from £250,000 back to £125,000 on 1 April 2025. That single change increased stamp duty on a £350,000 home from £5,000 to £7,500 — a 50% rise overnight.
Did You Know? If you are buying a £350,000 property and selling your only other home on the same day, you do not pay the additional-property surcharge. Your solicitor can arrange a simultaneous completion to avoid the 5% extra charge.
Pro Tips for Buying at £350,000
- HMRC confirms: your solicitor or conveyancer is legally responsible for filing the SDLT return, but you as the buyer are liable for the tax. Always verify the figures yourself before completion.
- Mortgage brokers recommend: checking whether a slightly lower offer (e.g., £300,000) would keep you within the nil-rate band and save £2,500 in SDLT. Even £299,999 keeps the full purchase in the 0% bracket for standard buyers.
- Estate agents advise: negotiating the asking price by 3–5% in the current market. A reduction from £365,000 to £350,000 saves £750 in stamp duty on top of the £15,000 price reduction itself.
- Tax advisors suggest: keeping all SDLT receipts and completion statements permanently. If you later sell and buy again, you may need proof of previous SDLT payments for surcharge refund claims within the three-year disposal window.
Potential Savings at the £350,000 Price Point
First-Time Buyer Relief
Qualifying as a first-time buyer on a £350,000 purchase reduces your SDLT from £7,500 to £2,500 — a saving of £5,000 that could cover your legal fees and survey costs entirely.
Negotiate Below £300,000
If you can agree a price of £299,999 or below, standard buyers pay £0 SDLT (within the £125,000–£250,000 band rates). That is a total saving of up to £7,500 compared to the £350,000 price.
Surcharge Refund on Replacement
If you sell your previous main home within 3 years of buying at £350,000, you can reclaim the 5% surcharge of £17,500 from HMRC. Set a diary reminder so you do not miss the deadline.
Stamp Duty FAQs
Everything you need to know about SDLT rates, deadlines and reliefs for 2025/26.
For standard purchases in England and NI from 1 April 2025: 0% up to £125,000; 2% on £125,001–£250,000; 5% on £250,001–£925,000; 10% on £925,001–£1,500,000; 12% above £1,500,000. Additional property buyers pay a 3% surcharge on every band. Source: gov.uk/stamp-duty-land-tax
SDLT must be filed and paid within 14 days of completion. Your solicitor will usually handle this on your behalf. Failure to file on time results in automatic penalties starting at £100. Source: gov.uk/stamp-duty-land-tax
Yes. First time buyers in England and NI pay 0% on the first £300,000 and 5% on £300,001–£500,000. Above £500,000, standard rates apply and no relief is available. Source: gov.uk/stamp-duty-land-tax/first-time-buyers
An additional property is any residential property you buy when you already own another residential property anywhere in the world. A 3% surcharge applies on every band. Source: gov.uk/stamp-duty-land-tax/higher-rates
Yes — if you paid the higher rates surcharge because you hadn’t yet sold your previous main residence, you can apply to HMRC for a refund, provided you sell your previous main home within 36 months of purchasing the new one. Source: gov.uk/stamp-duty-land-tax/higher-rates
No. Scotland replaced SDLT with Land and Buildings Transaction Tax (LBTT) in 2015. The rates and bands differ from those in England and NI. Source: revenue.scot/land-buildings-transaction-tax
Yes, SDLT applies to new build purchases in the same way as any other residential property. The same rates and thresholds apply. Source: gov.uk/stamp-duty-land-tax
Non-UK residents buying residential property in England and NI pay a 2% surcharge on top of standard SDLT rates. This applies since 1 April 2021. Source: gov.uk/stamp-duty-land-tax/nonresidentssdlt
No. Wales has its own Land Transaction Tax (LTT) with a zero-rate band up to £225,000. Source: gov.wales/land-transaction-tax-guide
Missing the 14-day SDLT filing deadline triggers automatic penalties from HMRC: £100 for filing up to 3 months late; £200 for 3–12 months late; a tax-geared penalty of up to 100% for over 12 months. Source: gov.uk/stamp-duty-land-tax/penalties