The first-time buyer and home-mover split
At £300,000, the calculator returns £0 SDLT for an eligible England first-time buyer and £5,000 for a standard home mover.
Relief depends on the buyer and transaction meeting the rules; it should not be assumed from price alone. Scotland and Wales apply their own systems.
The table below shows worked £300,000 scenarios with a 10% deposit, with columns for Scenario, Property tax, and Estimated cash with 10% deposit.
| Scenario | Property tax | Estimated cash with 10% deposit |
|---|---|---|
| England first-time buyer | £0 | £35,320 |
| England home mover | £5,000 | £40,320 |
| Northern Ireland home mover | £5,000 | £40,660 |
| Scotland home mover | £4,600 | £40,168 |
| Wales home mover | £4,500 | £39,809 |
On smaller screens, scroll sideways to view every column clearly.
From £250,000 to £400,000: deposit and tax do different things
A 10% deposit rises from £25,000 at £250,000 to £30,000 here and £40,000 at £400,000. That is a straight percentage relationship.
England home-mover SDLT changes from £2,500 to £5,000 and then £10,000 because progressive bands apply to slices of the price.
Four deposit positions for a £300,000 purchase
The table isolates the deposit and illustrative mortgage so they are not confused with taxes and transaction fees.
The table below shows deposit amounts at £300,000, with columns for Deposit, Cash deposit, and Illustrative mortgage.
| Deposit | Cash deposit | Illustrative mortgage |
|---|---|---|
| 5% | £15,000 | £285,000 |
| 10% | £30,000 | £270,000 |
| 15% | £45,000 | £255,000 |
| 20% | £60,000 | £240,000 |
On smaller screens, scroll sideways to view every column clearly.
Compare buyer types at £300,000
Run the calculator twice—once with your actual buyer status and once as a comparison—then add current quotes.
After completion, some buyers also look at whether overpaying their mortgage could reduce interest over time, but that should only come after the purchase costs and emergency buffer are covered.
After the £300,000 purchase completes, plan the regular costs of homeownership separately from the upfront total.
Go to the calculatorCompare nearby property prices
If you are budgeting around this price point, it can help to compare nearby price points because deposit size, tax treatment and total upfront cash can change quickly.
FAQ
Questions buyers usually ask
Is £30,000 enough for a £300,000 home?
£30,000 is the 10% deposit. The stated England home-mover scenario totals £40,320; a qualifying first-time buyer scenario differs because of tax treatment.
What is the England first-time buyer tax example?
The calculator returns £0 SDLT at £300,000 for its first-time buyer setting. Eligibility must still be checked.
Why is Scotland not the same as England?
Scotland uses LBTT and the calculator returns £4,600 for the stated home-mover example, rather than applying England's SDLT bands.
Editorial record
- Page reviewed
- 19 July 2026
- Calculator data
- 2026.07.1
Official charges use linked public rules; quote-led figures remain planning assumptions until you replace them. Read the source and calculation method or report an error.