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Stamp duty on a £175,000 property
At £175,000 a Scottish first-time buyer collects every pound the relief can give.
Checked by Radif Partners · Editorial policy · How we calculate
A £175,000 home costs £600 in Land and Buildings Transaction Tax in Scotland, and £0 for a first-time buyer, because Scottish first-time buyer relief stretches the nil band from £145,000 to exactly £175,000. That makes this the price where the relief reaches its ceiling of £600; above it, the saving stays the same however much the home costs. In England and Northern Ireland the same purchase costs £1,000 of Stamp Duty Land Tax, or £0 for a first-time buyer, whose nil band runs to £300,000. Wales charges £0, since its main rates start only above £225,000. A second home is another matter: £8,750 in Wales, where the whole price still sits in the first 5% band of the higher rates, £9,750 in England and £14,600 in Scotland with the Additional Dwelling Supplement.
More options: commercial property, company relief
Stamp Duty Land Tax · England and Northern Ireland
£1,000
0.6% of £175,000 · rule applied: Standard residential rates
| Portion | Rate | Tax |
|---|---|---|
| £0 to £125,000 | 0% | £0 |
| £125,000 to £250,000 | 2% | £1,000 |
Return and payment due within 14 days of completion.
Same purchase elsewhere in the UK
Scottish first-time buyer relief at full strength
Scotland does not give first-time buyers a separate table. It moves one line: the LBTT nil band, normally £145,000, is raised to £175,000 (Revenue Scotland, LBTT3048). The slice between the two would otherwise be taxed at 2%, so the value of the relief grows with the price until the price reaches £175,000, then freezes at £600.
That shape matters when comparing offers. Between £145,000 and £175,000 a first-time buyer pays no LBTT at all, whatever is agreed. Above £175,000 the relief is still claimed, but it no longer grows, and the buyer pays the ordinary 2% on each extra pound. The relief guide covers who qualifies.
| Price | LBTT, standard | LBTT, first-time buyer | Relief |
|---|---|---|---|
| £145,000 | £0 | £0 | £0 |
| £155,000 | £200 | £0 | £200 |
| £165,000 | £400 | £0 | £400 |
| £175,000 | £600 | £0 | £600 |
| £195,000 | £1,000 | £400 | £600 |
| £250,000 | £2,100 | £1,500 | £600 |
The £180,000 edge of the Welsh higher rates
Wales taxes a second home with its own table, and the first band ends at £180,000, only £5,000 above this price. A holiday cottage or a buy-to-let at £175,000 is therefore taxed at a single rate, 5% of the whole price, which gives £8,750. A buyer who has no other home pays £0 on the same property, so the whole bill is the cost of owning two dwellings.
Past £180,000 the rate on the next slice jumps to 8.5%, which is why landlords comparing Welsh listings near this price look closely at the higher rates table. In England the same purchase would be taxed through the ordinary bands plus 5% each, as the last column shows.
| Price | Wales, higher rates | Wales, main rates | England, higher rates |
|---|---|---|---|
| £175,000 | £8,750 | £0 | £9,750 |
| £180,000 | £9,000 | £0 | £10,100 |
| £190,000 | £9,850 | £0 | £10,800 |
| £210,000 | £11,550 | £0 | £12,200 |
England: £1,000 or nothing
In England and Northern Ireland the result depends on a single question: has every buyer never owned a home? If so, the first-time buyer relief covers the whole £175,000 and the bill is £0. If one buyer has owned before, the ordinary rates apply and the £50,000 above the nil band is taxed at 2%, giving £1,000. A buyer who spent fewer than 183 days in the UK in the year before completion adds the 2% non-resident surcharge to every band, relief or not: £3,500 as a first-time buyer, £4,500 otherwise. Scotland and Wales have no such surcharge.
At July 2026 prices, £175,000 is close to what first-time buyers paid on average in Liverpool (£174,382) and in Glasgow (£174,386), according to the UK House Price Index.