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Conservative vs Reform on stamp duty: how they compare

Both would slash stamp duty for home buyers, but the Conservatives would abolish it entirely on main homes while Reform keeps a small charge on the most expensive properties.

Conservative

  • Abolish stamp duty entirely on primary residences, of any value.
  • Second homes and additional properties keep paying, including the surcharge.
  • No new annual charge to replace it.
  • The biggest cash saving goes to buyers of the most expensive homes.

Reform UK

  • 0% stamp duty below £750,000, 2% to £1.5m, 4% above.
  • Most buyers — including first-time buyers — would pay nothing.
  • Keeps a smaller charge on higher-value homes.
  • A flatter, simpler set of bands.

The bottom line

Below £750,000, both plans mean no stamp duty. Above it, the Conservatives' full abolition saves more on expensive main homes, while Reform still charges 2–4%. Both calculators show your saving.

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Frequently asked questions

Who pays less stamp duty, under the Conservatives or Reform?

Below £750,000 both mean nothing to pay. Above £750,000 the Conservative plan (full abolition on main homes) saves more than Reform's 2–4% bands. On second homes, both keep a charge.