First-time buyers can claim a stamp duty discount when buying a home. But the threshold at which you start paying is set to change from £425,000 to £300,000 on April 1.
Read MoreHow much stamp duty will first-time buyers pay in 2025?
Tag: stamp duty
Is now a good time to buy a house?
The uncertainty of the general election and Autumn Budget are out of the way and interest rates have been cut, so is now the right time to buy a new home?
Read MoreCan first-time buyers still buy a home before stamp duty jumps on 1 April?
First-time buyers are rushing to purchase homes before the stamp duty they need to pay rises.
Read MoreStamp duty changes ‘will motivate’ first time buyer boom in early 2025, lender says
Looming changes to stamp duty will give first-time buyers “greater motivation” to get on the housing ladder, British bank Halifax has said.
Read MoreWhat landlords should expect in 2025: Higher rents, more stamp duty and the Renters’ Rights Bill
As we start the new year, landlords may well feeling that the twelve months stretching out ahead of them are a bit of a mixed bag.
On the one hand, mortgage rates remain fairly high, and buy-to-let investors face a higher stamp duty bill when they buy a new property.
Read MoreLandlords to pay double stamp duty in April
Stamp duty bills will almost double from £8,452 to £16,190 in April, an increase likely to spark higher rental costs as landlords attempt to recoup costs.
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