2025 Stamp Duty Changes Will Cost You Thousands | Here’s How to Get Ahead
Автор: AvocadoProperty
Загружено: 2024-11-08
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The recent UK budget changes will significantly impact property buyers and sellers — and timing is everything if you're thinking about moving! 🏡💸
Starting April 1st, 2025, new stamp duty rules will kick in, and you could end up losing thousands of pounds. Here’s what you need to know:
🗓️ Timing is crucial: Delaying your move until the new year could cost you big. Acting before April 1st could make all the difference.
💡 New stamp duty rules: The stamp duty relief for first-time buyers is dropping from £425,000 to £300,000, meaning first-time buyers could face an extra £6,000 in costs. Plus, anyone buying a main residence over £250,000 will see an increase in charges.
🔥 Market insights: In October, 78% of listed properties went under offer. With interest rates declining, the market is expected to remain highly active.
If you're thinking about moving soon, it's time to act before these changes take effect. Get your property valuation and find out more in our blog below: https://avocadopropertyagents.co.uk/b...
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