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LBTT Scotland 2026/27 — First-Time Buyer
First-time buyers in Scotland benefit from an extended nil-rate band to £175,000. At £150,000, that saves £100 compared to a standard buyer.
FTB LBTT
£0
Saving vs standard
£100
England SDLT
£500
if buying in England
The first-time buyer relief extends the nil-rate band from £145,000 to £175,000. Tax is still calculated on slices — the 2% rate only applies to the portion above £175,000.
| Band | Rate | Taxable | Tax |
|---|---|---|---|
| Up to £175,000 | 0% | £150,000 | — |
| £175,001 - £250,000 | 2% | — | — |
| £250,001 - £325,000 | 5% | — | — |
| £325,001 - £750,000 | 10% | — | — |
| Over £750,000 | 12% | — | — |
| Total FTB LBTT | £0 | ||
FTB saving: Standard LBTT on £150,000 would be £100. First-time buyers save £100.
A Lifetime ISA can be used for this purchase — £150,000 is under the £450,000 LISA limit.
At £150,000, you may qualify for Scotland's LIFT (Low-cost Initiative for First Time Buyers) shared equity scheme. LIFT allows qualifying buyers to purchase a property while the Scottish Government takes a shared equity stake of up to 40% of the purchase price.
| LBTT (first-time buyer) | £0 |
| Legal / solicitor fees (estimate) | £1,500–£2,500 |
| Home Report (if applicable) | £500–£900 |
| Estimated total (excluding deposit) | £2,000–£3,400 |
Legal fees and Home Report costs are estimates. Your solicitor will provide a precise quote. In Scotland, the seller usually provides the Home Report — you may only need to pay for an additional survey. Budget for searches, registration dues, and mortgage arrangement fees on top.
No — at £150,000, first-time buyers pay no LBTT at all. The first-time buyer nil-rate band extends to £175,000, so this property falls entirely within the tax-free threshold.
The first-time buyer nil-rate band for LBTT is £175,000 (2026/27). Standard buyers pay 0% on the first £145,000 only. The extended nil-rate band is a slice relief — only the portion up to £175,000 is tax-free, with 2% applying from £175,001 upwards. The maximum saving compared to a standard purchase is £600 (2% × £30,000 difference between £145k and £175k).
Yes. At £150,000, you can use a Lifetime ISA (LISA) — the purchase price is under the £450,000 limit. You can save up to £4,000/year in a LISA and the government adds a 25% bonus (up to £1,000/year). The bonus must be claimed via the LISA provider on completion. You must be a first-time buyer and the LISA must have been open for at least 12 months.
If you're buying jointly and one buyer has previously owned a residential property — anywhere in the world — neither buyer qualifies for first-time buyer LBTT relief. Both buyers must be first-time buyers for the relief to apply. Your solicitor will confirm eligibility and make the declaration on your behalf on the LBTT return.
Enter any price and buyer type for a full band-by-band breakdown, ADS scenarios, and Scotland vs England comparison.
Open LBTT Calculator →Other buyer types at £150,000:
Figures are estimates based on 2026/27 LBTT rates. Legal fees, searches, Home Report, and mortgage arrangement fees are not included. Always confirm the final LBTT liability with your solicitor before exchanging missives.