£UK Money Tools

Stamp Duty on a £275,000 Property

Stamp Duty Land Tax on a £275,000 property in England or Northern Ireland is £3,750.00 for a standard purchase (effective rate 1.4%).

Standard Purchase

BandTax
£0 – £125,000 at 0.0%£0.00
£125,000 – £250,000 at 2.0%£2,500.00
£250,000 – £275,000 at 5.0%£1,250.00
Total Stamp Duty£3,750.00
Effective Rate1.4%

All Buyer Types on £275,000

Buyer TypeStamp DutyEffective Rate
Standard (moving home)£3,750.001.4%
First-time buyer£0.000.0%
Additional property (+5%)£17,500.006.4%

First-time buyers save £3,750.00 on a £275,000 property compared to standard rates.

What You Pay on £275,000

On a £275,000 property, a standard buyer pays £3,750.00 in stamp duty. This is calculated on the banded system — you pay different rates on each portion of the price, not a flat rate on the total. The first £125,000 is tax-free, then 2% on the next portion up to £250,000, and 5% on the rest up to £925,000.