HomeBuyingCosts Guide
Stamp Duty on £375,000 2026/27 | £8,750 Standard · £3,750 FTB
Written and reviewed by James Whitfield · Updated 2026-04-26 · 6 min read
Checked against 2026/27 HMRC, Revenue Scotland & HM Land Registry rates · Editorial standards · Methodology
£375,000 sits in the first-time buyer relief window (max £500k). Home movers pay £8,750 SDLT · first-time buyers pay £3,750 · second home buyers pay £27,500 (standard £8,750 plus 5% surcharge).
Key takeaways
Stamp duty on a £375,000 home in England or Northern Ireland is £8,750 if you're a home mover.1 A first-time buyer pays £3,750 — relief on the first £300,000 saves £5,000.2 As a second home or buy-to-let it's £27,500, because a 5% surcharge (£18,750) sits on top.3
This page shows exactly how the £375,000 figure is built up band by band, what changes if you're a first-time buyer or buying an extra property, and what the same purchase would cost in Scotland and Wales. Use it to sense-check a quote before you commit.
Worked examples — home mover typical fees
| Price | England/NI tax | Scotland tax | Wales tax |
|---|---|---|---|
| £300,000 | £5,000 | £4,600 | £4,500 |
| £500,000 | £15,000 | £23,350 | £18,000 |
| £750,000 | £27,500 | £48,350 | £36,750 |
How the £8,750 is worked out, band by band
SDLT is a slice tax, not a flat percentage. You pay each rate only on the part of the price that falls inside its band, which is why the effective rate is always lower than the top band you touch.
For a £375,000 home mover purchase, the slices stack up like this:
| Price band | Rate | Portion taxed | SDLT due |
|---|---|---|---|
| Up to £125,000 | 0% | £125,000 | £0 |
| £125,001 to £250,000 | 2% | £125,000 | £2,500 |
| £250,001 to £925,000 | 5% | £125,000 | £6,250 |
| Total SDLT | £375,000 | £8,750 |
Each rate applies only to the slice of the price inside that band — not to the whole price.1
That's £8,750 in total — an effective rate of 2.33% on the full price, even though the top slice is taxed at a higher band.
First-time buyer vs home mover vs second home
Same house, same price — but the stamp duty changes a lot depending on who's buying:
| Buyer type | SDLT on £375,000 | vs home mover |
|---|---|---|
| Home mover (own one home) | £8,750 | — |
| First-time buyer | £3,750 | −£5,000 |
| Second home / buy-to-let | £27,500 | +£18,750 |
First-time buyer relief is not all-or-nothing. You still pay 5% on the slice between £300,000 and the price, so at £375,000 a first-time buyer pays £3,750 — a real £5,000 saving, but not zero.2 Relief needs every buyer on the deal to be a genuine first-time buyer, and it disappears entirely once the price passes £500,000.
The additional-property surcharge is the one that catches people out. If you'll own more than one residential property at the end of the day you complete — a buy-to-let, a holiday home, even a share of a house you inherited — you add 5% of the entire price. On £375,000 that's an extra £18,750, taking the bill to £27,500.3
The rest of your cash-to-completion
Stamp duty is the biggest single line, but it isn't the only cash you need before you get the keys. On top of your deposit, budget for:
| Cost | Typical amount |
|---|---|
| Stamp duty (SDLT) | £8,750 |
| Conveyancing / solicitor fees | £1,000–£1,800 |
| Local searches & disbursements | £250–£450 |
| HM Land Registry fee | £20–£455 (scale by price) |
| Survey (Level 2 HomeBuyer) | £400–£700 |
| Mortgage arrangement / valuation fee | £0–£1,500 |
Legal, search and survey figures are typical 2026 market ranges; the Land Registry fee is set by an official scale.6 Your solicitor's completion statement is the final word.
Realistically, add £2,000–£3,500 to the £8,750 of tax for a typical mortgaged purchase at this price. Get quotes early — search and lender fees are the ones that appear late and blow a tight budget.
One deadline worth knowing: the SDLT return has to be filed and the tax paid within 14 days of completion. Your solicitor normally handles it, but the money has to be sitting with them.6
The same £375,000 home in Scotland and Wales
Tax is set by where the property is, not where you live. If you're comparing across the border, the difference at this price is worth knowing before you fall for a place:
| Where you buy | Tax on £375,000 (home mover) |
|---|---|
| England / N. Ireland (SDLT) | £8,750 |
| Scotland (LBTT) | £10,850 |
| Wales (LTT) | £9,000 |
Scotland uses LBTT4 and Wales uses LTT5; both have their own bands, so the same price can cost a very different amount of tax.
Scotland's LBTT works out at £10,850 and Wales's LTT at £9,000 for a home mover — more than the £8,750 you'd pay in England. Both nations also add their own surcharge on second homes (8% in Scotland, higher rates in Wales).45
Common mistakes people make at this price
After years of completion statements, the same few slip-ups come up again and again:
• Forgetting the surcharge. If you complete on this home before selling your old one — or you keep any other property — that's a £18,750 surprise. You can reclaim it if the old main home sells within 36 months, but you have to fund it first.3
• Assuming first-time buyer relief means zero. At £375,000 it's £3,750, not nothing — you pay 5% on the part above £300,000.2
• Trusting a single online figure. A number that doesn't ask whether you're a first-time buyer, a mover or a landlord, or which nation you're buying in, is guessing. All three change the answer.
• Budgeting for the tax but not the trimmings. The £2,000–£3,500 of legal, search, survey and lender costs land at roughly the same time and catch people who planned only for deposit plus stamp duty.
Use the calculator for this topic
Frequently asked questions
How much is stamp duty on a £375,000 house?+
A home mover pays £8,750 in SDLT on a £375,000 home in England or Northern Ireland for 2026/27.1 A first-time buyer pays £3,750, and a second-home buyer pays £27,500 once the 5% surcharge is added.3
Do first-time buyers pay stamp duty on £375,000?+
Yes, but less: £3,750 instead of £8,750. First-time buyer relief makes the first £300,000 tax-free and charges 5% on the rest, up to a £500,000 ceiling.2
What's the second-home stamp duty on £375,000?+
£27,500. That's the standard £8,750 plus a 5% additional-property surcharge of £18,750. It applies if you'll own more than one residential property at completion.3
How much is the tax in Scotland or Wales on £375,000?+
In Scotland the LBTT is £10,8504 and in Wales the LTT is £9,0005 for a home mover. Both differ from England's £8,750 because they use their own bands.
When do I have to pay it?+
Within 14 days of completion. Your solicitor files the SDLT return and pays HMRC on your behalf, using funds you provide before completion.6
Are these figures guaranteed?+
They're accurate against the published 2026/27 rates, but your solicitor's completion statement is the final, binding figure. Confirm your buyer status and any surcharge with them before exchange.
Sources & references
OfficialThe figures and rules on this page are drawn from the official UK government sources below. Rates are the confirmed 2026/27 amounts. Each link opens the relevant official page in a new tab.
- GOV.UK — SDLT residential property rates www.gov.uk/stamp-duty-land-tax/residential-property-rates Current band-by-band residential SDLT rates for 2026/27.
- GOV.UK — First-time buyers' SDLT relief www.gov.uk/stamp-duty-land-tax/residential-property-rates#first-time-buyers Relief: nil-rate to £300,000, 5% to £500,000, none above £500,000.
- GOV.UK — Higher rates for additional properties www.gov.uk/guidance/stamp-duty-land-tax-buying-an-additional-residential-property The 5% additional-property surcharge and 36-month refund rules.
- Revenue Scotland — Land and Buildings Transaction Tax revenue.scot/taxes/land-buildings-transaction-tax Scottish LBTT residential rates and the Additional Dwelling Supplement.
- Welsh Revenue Authority — Land Transaction Tax rates www.gov.wales/land-transaction-tax-rates-and-bands Welsh LTT residential rates and bands.
- GOV.UK — Pay Stamp Duty Land Tax www.gov.uk/pay-stamp-duty-land-tax Filing the SDLT return and paying within 14 days of completion.
Verified against published UK government guidance. See also Methodology and Editorial standards.
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Written and reviewed by James Whitfield and the HomeBuyingCosts editorial team.
Stamp duty, LBTT and LTT figures are checked against GOV.UK, Revenue Scotland and GOV.WALES. We explain every cost of buying a home in plain English, with worked examples. Editorial standards · About us