Published: 29/01/2025 By Andrew Greenwood
Stamp Duty is changing on 1 April 2025.Additionally, the exemption for first time buyers will reduce from £425,000 to £300,000. Here are the new rates:
Pre 31st March 2025 | Post 31st March 2025 |
0% up to £250,000 | 0% up to £125,000 |
2% above £125,000 and up to £250,000 | |
5% above £250,000 and up to £925,000 | 5% above £250,000 and up to £925,000 |
10% above £925,000 and up to £1,500,000 | 10% above £925,000 and up to £1,500,000 |
12% above £1,500,000 | 12% above £1,500,000 |