First-time buyer costs on £170,000 (2026/27)

First-time buyer costs on £170,000

Pre-filled for first-time buyer assumptions so you can compare against mover and second-home cases quickly.

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Guides for the costs at this price

What changes at this threshold?

Compare nearby price brackets with the same assumptions to see how tax and all-in totals move.

How a first-time buyer's £0 on £170,000 is worked out

A first-time buyer uses the relief bands instead of the standard ones. At £170,000:

1. The first £170,000: £170,000 at 0% = £0
2. Total SDLT: £0, or 0.00% of the price

Source: GOV.UK: Stamp Duty rates for first-time buyers

The relief limit and £170,000

Nothing is due from a first-time buyer here. Relief replaces the normal bands with a 0% band up to £300,000, and £170,000 sits inside it.

Someone who has owned a home before would pay £900 on the same purchase, so the relief is worth exactly that.

Even a £130,000 increase in the agreed price would leave a first-time buyer with no Stamp Duty to pay.

A Lifetime ISA can go towards a first home costing up to £450,000, so £170,000 is inside the limit and the savings and bonus can be used without a withdrawal charge, provided the other Lifetime ISA conditions are met.

Source: GOV.UK: Lifetime ISA withdrawal charges

Cash a first-time buyer needs at £170,000

On top of the deposit a first-time buyer needs about £1,540 to £3,790: the £0 Stamp Duty, conveyancing (£1,140 average 2026 freehold quote at this price), a RICS Level 2 survey (£400 to £600) and up to £2,050 of mortgage fees. A fee-free mortgage gives the lower end.

Lenders set their own deposit rules. Conveyancing from Compare My Move; survey and mortgage fees from HomeOwners Alliance.

A first-time buyer at £170,000 in Scotland and Wales

In Scotland a first-time buyer pays £0 LBTT at £170,000: the relief there has no price limit but is worth at most £600.

Wales has no first-time buyer relief, so a first-time buyer pays the full £0 LTT. In England and Northern Ireland the same buyer pays £0, against £900 for a home mover.

Source: Revenue Scotland: Land and Buildings Transaction Tax · Welsh Government: Land Transaction Tax rates and bands

First-time buyer prices either side of £170,000

The first-time buyer column is the one to watch: the relief is lost on the whole price above £500,000.

England and Northern Ireland, 2026/27 rates, from the same calculator as the figures above.

Monthly mortgage on a £170,000 first home

Most first-time buyers borrow most of the £170,000. The table shows the mortgage left after a 5%, 10% and 15% deposit and what it would cost each month. The £0 Stamp Duty and the fees are paid from savings on top of the deposit, unless the lender lets you add its own fees to the loan.

Up to £300,000 a first-time buyer pays nothing, so a price rise of up to £130,000 costs no Stamp Duty at all. Past £300,000 each extra £1,000 costs £50 at the 5% relief rate.

Monthly repayments use an example 5% rate over 30 years, capital and interest. They are not a quote: your lender's rate and term set the real figure.

Registering your first home at £170,000

The £0 figure only applies if every buyer on the purchase is a first-time buyer: someone who has never owned a home in the UK or anywhere else. If one of you has, the purchase is taxed at the home mover rates, £900 at £170,000, or more if that person still owns another home.

Registering a first home at £170,000 with HM Land Registry costs £100 through the portal or £230 by post (the £100,001 to £200,000 fee band).

Your conveyancer pays it after completion and adds it to the bill, so check that the quote shows it as a disbursement.

Source: HM Land Registry: registration services fees

Your First Home at £170,000

Your First Home is the government scheme for first-time buyers of new-build homes in England, with applications expected from February 2027. At £170,000 the minimum 2.5% deposit is £4,250, the government's 20% equity loan is £34,000 and the mortgage is £131,750.

At our example rate that mortgage costs about £707 a month in years 1 to 5, against £867 for a 95% mortgage of £161,500. The loan is interest free for 5 years, then adds about £42 a month in year 6 and £85 from year 7.

Local price caps apply and the full list is not published yet. Of the published examples, £170,000 is within the cap in Middlesbrough, North Devon, Manchester, Reading, Outer London, Inner London.

Monthly repayments use an example 5% rate over 30 years, capital and interest. They are not a quote: your lender's rate and term set the real figure.

Source: GOV.UK: Your First Home

Where first-time buyers typically pay £170,000

In August 2026, the average first-time buyer's home cost closest to £170,000 in St Helens, Bolsover and Moray, according to HM Land Registry's House Price Index.

In England a first-time buyer pays £0 stamp duty at this price; in Scotland the closest match is Moray (£169,409), where a first-time buyer pays £0 LBTT on £170,000; in Wales the closest match is Carmarthenshire (£169,075), where a first-time buyer pays £0 LTT on £170,000 (Wales has no first-time buyer relief).

293 of 349 council areas have a higher average first-time buyer price than £170,000, and 56 a lower one.

HM Land Registry UK House Price Index, August 2026 (provisional). The tax column is this page's price under each area's own nation's rules, 2026/27.

Source: HM Land Registry: UK House Price Index data downloads, August 2026

Conveyancing at £170,000

Average 2026 conveyancing quotes in the £100,001 to £200,000 band were £1,140 for a freehold purchase and £1,310 for a leasehold (Compare My Move), and the Land Registry fee at this price is £100 online. See conveyancing fees on a £170,000 home for every price band, each region and what a quote should include.

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