Beat the Stamp Duty Deadline and Save Thousands

Beat The Stamp Duty Deadline And Save Thousands

 

The countdown is on! With significant stamp duty changes coming into effect on 1st April 2025, buyers have a limited window to save thousands on their property purchases.

But there’s a catch - the average property transaction can take anywhere from 3 to 6 months to complete. So, whether you’re a first-time buyer, upsizing, or downsizing, starting your journey now is crucial to beating the deadline and maximising your savings.

  

What’s Changing on 1st April 2025?

 

For first time buyers, current stamp duty rules offer some attractive reliefs as there's no stamp duty on homes priced up to £425,000, and there's a reduced rate on homes between £425,001 and £625,000. However, from 1st April 2025, these thresholds are being significantly reduced and the nil-rate threshold will drop from £425,000 to £300,000.

For home movers, the changes are equally impactful and the nil-rate threshold will fall from £250,000 to just £125,000.

  

Why You Need to Act Now

 

With property transactions taking several months to complete, timing is everything. To make the process smoother, being proactive is essential. Have your paperwork ready, respond quickly to requests, and work with professionals who can guide you through the process efficiently.

  

How Much Could You Save?

 

First time buyers

Example; purchase price £425,000 - currently there's no stamp duty to pay however, as of 1st April you'd pay £6,250.

 

Home movers

Example; purchase price £425,000 - currently you'd pay £8,750 however, as of 1st April you'd pay £11,250.

 

How We Can Help

 

Navigating the property market can be overwhelming, but we’re here to make it simple. Here’s how we can help:

Accurate Valuations: Get your property listed at the right price to attract buyers quickly.
Extensive Network: Access a wide range of properties and potential buyers.
Expert Guidance: From securing a mortgage to completing the sale, we’ll guide you every step of the way.

 

Don’t Miss Your Chance to Save Thousands 

 

The stamp duty deadline is fast approaching, and time is running out to take advantage of these savings. 

Book your free valuation today and get your property on the market, and register your property search and find your dream home before it’s too late.

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