Stamp Duty on a £500,000 House
A £500,000 purchase triggers a £15,000 stamp duty bill for standard buyers — or £10,000 for first-time buyers (the maximum price at which FTB relief applies). At this price point, a well-prepared chattels schedule can save £1,000–£2,000. Use the calculator below and see how much you could reclaim.
Calculate Your Exact Bill
Pre-filled with £500,000. Adjust for your situation and see a full band-by-band breakdown.
If your purchase included moveable items — carpets, curtains, freestanding appliances, garden furniture — their value should have been deducted from the SDLT calculation. Most solicitors skip this step. HMRC allows refund claims for up to four years after completion.
Check if you qualify →Frequently Asked Questions
How much stamp duty do I pay on a £500,000 house?
Standard buyers pay £15,000: 0% on the first £125,000 (£0), 2% on the next £125,000 (£2,500), and 5% on the remaining £250,000 (£12,500).
How much stamp duty does a first-time buyer pay on a £500,000 house?
First-time buyers pay £10,000. This is the upper limit for first-time buyer relief — the first £300,000 is exempt, then 5% applies to the remaining £200,000.
What is the stamp duty on a £500,000 second home?
Second homes and buy-to-let properties at £500,000 attract £30,000 in stamp duty — the 3% surcharge applies across all bands on top of standard rates.
Is £500,000 the cut-off for first-time buyer relief?
Yes. First-time buyer relief only applies where the total purchase price is £500,000 or less. If you pay £500,001 or more, no first-time buyer relief is available at all — not even on the lower bands.
Think you overpaid?
Check your eligibility in 2 minutes. HMRC allows refund claims for up to four years after completion.
Estimate My Refund →