π¨ 2025 Stamp Duty Changes Take Effect TOMORROW! π¨ Starting tomorrow, April 1st, 2025, changes to Stamp Duty will impact both homebuyers and investors in the UK property market. While new rates and a reduced nil-rate threshold will affect upfront costs, the overall impact might be more manageable than expected. π‘ For Homebuyers: Expect additional upfront costs, particularly for properties over Β£125,000. First-time buyers will face reduced relief, so adjust your budget accordingly. πΌ For Investors: Rates remain with no uplift to surcharges, offering welcome relief for investors. The 3% surcharge on additional properties stays in place, which helps provide stability and predictability for your investment planning. While the UK property market has shown resilience through past changes, strategic planning is more crucial than ever. Need advice on how these changes impact you? Reach out today β https://tinyurl.com/yc47zkxc π Or call us at 0121 347 6116 (Option 2) #StampDuty #PropertyMarket #UKProperty #InvestSmart #CentrickInvest #NewHomes
Posted by Centrick at 2025-03-31 08:10:34 UTC