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SDLT on £1,000,000 in England & Northern Ireland

Home Mover · High-end · 2025-26 & 2026-27 rates

2025-26 stamp duty bill

£43,750

Effective rate: 4.38%

SDLT on a £1,000,000 property as a home mover in England & Northern Ireland is £43,750 for the 2025-26 tax year (effective rate 4.38%). The same purchase in 2026-27 is also £43,750 — bands and rates are unchanged year-on-year.

Band-by-band breakdown (England & Northern Ireland, 2025-26)

Band Taxable in this band Rate Tax
£0 – £125,000 £125,000 0.00% £0
£125,001 – £250,000 £125,000 2.0% £2,500
£250,001 – £925,000 £675,000 5.0% £33,750
£925,001 – £1,500,000 £75,000 10.0% £7,500
Total SDLT due £43,750

Same purchase in the other UK jurisdictions

A £1,000,000 purchase by a home mover costs different amounts depending on where the property sits — each jurisdiction sets its own bands.

Jurisdiction Tax Total due Effective rate
England & Northern Ireland (this page) SDLT £43,750 4.38%
Scotland LBTT £78,350 7.83%
Wales LTT £61,750 6.17%

Different buyer type at £1,000,000

2026-27 rates

For 2026-27 the bands published by HMRC, Revenue Scotland, and the Welsh Revenue Authority are unchanged from 2025-26. The same £1,000,000 purchase as a home mover in England & Northern Ireland costs £43,750 in 2026-27 — identical to 2025-26 (subject to any future Budget changes).

Run your own scenario

Different price, different buyer type, or completing in a different tax year? The interactive Stamp Duty Calculator handles SDLT, LBTT, and LTT with full FTB and surcharge logic. Buying with a mortgage? Pair with the Relocation Calculator for total moving costs.

Frequently asked questions

How much SDLT do you pay on a £1,000,000 property in England & Northern Ireland as a home mover?

For 2025-26, SDLT on a £1,000,000 property in England & Northern Ireland as a home mover is £43,750 — an effective rate of 4.38% on the purchase price. For 2026-27 the figure is £43,750. The breakdown by band is shown in the table on this page.

How does SDLT on £1,000,000 compare across the UK?

At £1,000,000 for a home mover, the same purchase costs £78,350 in Scotland, £61,750 in Wales. England & Northern Ireland's figure is £43,750. Differences come from the band thresholds and rates set by HMRC (England & NI), Revenue Scotland (LBTT), and the Welsh Revenue Authority (LTT).

Are these SDLT rates the same in 2026-27?

Yes — for 2026-27 the bands and rates published by HMRC, Revenue Scotland, and the Welsh Revenue Authority are unchanged from 2025-26. The SDLT on £1,000,000 as a home mover in England & Northern Ireland for 2026-27 is therefore £43,750, identical to the 2025-26 figure (subject to any future Budget changes).

What is the SDLT on a £1 million home in England?

A home mover pays across four bands: 0% to £125,000, 2% on £125,001–£250,000 (£2,500), 5% on £250,001–£925,000 (£33,750), and 10% on £925,001–£1,000,000 (£7,500) — totalling £43,750. FTB relief does not apply above £500,000. Second-home buyers add a 5% surcharge on the full £1,000,000 (£50,000) on top.

Related Calculators

Last updated 21 June 2026Tax year 2025-26

Data sources: HMRC (gov.uk/hmrc)

This tool is general information only, not financial advice.

Reviewed by UK Tax Tools Editorial Desk

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