Reviewed 19 July 2026

First-time buyer costs in the UK

First-time buyer costs include more than the deposit. Tax relief differs across the UK, while solicitor/conveyancing, searches, surveys, mortgage fees, registration and move-in costs still need their own budget.

Direct answer

In the worked England example at £300,000, a 10% deposit and average assumptions produce total upfront cash of £35,320. This is not a UK-wide first-time buyer total: Scotland and Wales use different tax rules.

What this page is based on

Trust and data notes

  • ReviewedFigures and official sources were substantively reviewed on 19 July 2026. Numerical examples use calculator data version 2026.07.1.
  • How to read the figuresOfficial charges and estimate-led costs are shown separately so buyers can see which parts of the total are fixed rules and which parts are planning ranges.
  • When to double-checkFigures are guidance only. Buyers should check important numbers with their solicitor, lender or the relevant official authority before making financial decisions.
  • Source styleThis page includes official-rate references and linked source notes where applicable.

Official reference points used on this page include HMRC SDLT residential property rates and Revenue Scotland LBTT residential rates and bands.

At a glance

Key facts buyers should know first

England and Northern Ireland

SDLT first-time buyer relief may apply

Scotland

LBTT first-time buyer relief uses Scottish rules

Wales

LTT has no separate first-time buyer rate in the calculator

Non-tax costs

Use the same central market assumptions as every other buyer guide

Trust note

Official-rate items vs estimate-led items

TrueHomeCosts separates published rates from market-based assumptions so buyers can see which figures are official and which ones are planning estimates.

Official or published-reference items

  • property tax rules
  • published registration fees where relevant
  • official Lifetime ISA guidance

Estimate-led items

  • survey costs
  • legal fees
  • mortgage charges
  • furnishing and moving budgets

How labels are used across the site

Official charge: based on published tax bands or fee scales.

Lender charge: fees tied to mortgage products, valuations or broker work.

Solicitor/conveyancing estimate: legal work and disbursement planning ranges.

Market estimate: surveys, moving, furnishing or other provider-led costs.

Optional cost: useful for planning, but not required on every purchase.

Situation-dependent cost: applies only to some properties or buyer types.

Plan the full picture

Use this guide with the right follow-up pages

Start with the homepage calculator to test your own numbers, then compare this topic with How much money do I need to buy a house in the UK?, Hidden costs of buying a house in the UK, Home buying schemes in the UK and Furnishing costs for a first home in the UK.

If family is helping with the deposit, check the gifted deposit evidence and letter requirements before the money is transferred.

First-time buyer property-tax examples by jurisdiction

These results come from the production tax functions and are not manual threshold estimates.

The table below shows current first-time buyer property-tax examples, with columns for Property price, Jurisdiction, and Calculated property tax.

Current first-time buyer property-tax examples
Property priceJurisdictionCalculated property tax
£200,000England / Northern Ireland£0
£200,000Scotland£500
£200,000Wales£0
£300,000England / Northern Ireland£0
£300,000Scotland£4,000
£300,000Wales£4,500
£400,000England / Northern Ireland£5,000
£400,000Scotland£12,750
£400,000Wales£10,500
£500,000England / Northern Ireland£10,000
£500,000Scotland£22,750
£500,000Wales£18,000

On smaller screens, scroll sideways to view every column clearly.

Worked England first-time buyer example

Scenario: £300,000 property, England, first-time buyer, 10% deposit, average assumptions, moving and insurance included, furnishing excluded and 10% contingency.

The table below shows calculator-derived first-time buyer breakdown, with columns for Cost, Amount, and Treatment.

Calculator-derived first-time buyer breakdown
CostAmountTreatment
Deposit£30,000user entered
Stamp Duty Land Tax£0official calculation
Solicitor / conveyancing£1,400market estimate
Search fees£340market estimate
Survey£700market estimate
Mortgage fees£800market estimate
Registration fee£150official charge
Bank transfer fee£40market estimate
Moving costs£1,100optional allowance
Insurance£320optional allowance
Contingency£470optional allowance

On smaller screens, scroll sideways to view every column clearly.

Costs that relief does not remove

  • Solicitor/conveyancing
  • Search fees
  • Survey and valuation
  • Mortgage fees
  • Registration
  • Bank transfer fee
  • Selected moving, insurance, furnishing and contingency

Try this in the calculator

Run your own version of this scenario

Use the homepage calculator to change the property price, nation, buyer type and assumption level so you can compare the simple version of the budget with a more realistic one.

Open the calculator

Before relying on first-time buyer treatment

Eligibility depends on the official rules and the circumstances of every buyer in the transaction. Confirm relief with the solicitor handling the purchase.

Do not apply an England example to Scotland or Wales.

Price your first-home budget properly

Use the calculator to compare first-time buyer totals across the UK with deposit and optional extras included.

Go to the calculator

Popular buying-cost examples

See how the deposit and extra costs change at common UK property prices.

Content notes

Reviewed and maintained by the TrueHomeCosts research team.

Our guides are built from official UK tax sources, public cost information and typical market price ranges. We separate fixed official charges from variable market estimates so buyers can see which figures are certain and which may change.

Last reviewed: 19 July 2026

Calculator data version: 2026.07.1

This content is for general guidance only and is not financial advice. For more detail, read how our estimates work or learn more about TrueHomeCosts.

FAQ

Questions buyers usually ask

Do first-time buyers pay the same property tax across the UK?

No. SDLT, LBTT and LTT have different rules and relief structures.

Does tax relief remove legal and survey costs?

No. Those market-estimate costs still apply where required.

Are all mortgage fees compulsory?

No. Charges depend on the product, lender and broker arrangements.

Related guides

Read next

Sources and checks

These are the main public sources used for official-rate items and checks on this page. Estimate-led costs remain planning ranges rather than government charges.