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Gorvins Residential Stamp Duty Changes in 2025: What Homebuyers Need to Know

Stamp Duty Changes in 2025: What Homebuyers Need to Know

Last Updated: March 17th, 2025

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For millions of Britons navigating the labyrinth of home ownership, stamp duty has long been a financial hurdle—sometimes an afterthought, often an unwelcome surprise. But in a bid to recalibrate the housing market, the UK government is rolling out a new set of stamp duty rates from April 2025, marking one of the most significant shifts in property taxation in recent years.

The question now is: Will this make it easier—or harder—to buy a home?

What’s Changing?

From April 2025, the new Stamp Duty Land Tax (SDLT) rates will be as follows:

  • 0% on properties up to £125,000
  • 2% on the portion from £125,001 to £250,000
  • 5% on the portion from £250,001 to £925,000
  • 10% on the portion from £925,001 to £1,500,000
  • 12% on the portion above £1,500,000

For all buyers, the most immediate impact is that the tax-free threshold will revert to £125,000, down from the current £250,000 introduced in 2022. This means more transactions—particularly in regions where house prices sit between these figures—will now be subject to stamp duty.

First-Time Buyers: A Tougher Climb Onto the Ladder?

The biggest shake-up, however, is how these changes affect first-time buyers (FTBs), arguably those already facing the greatest affordability challenges.

Currently, first-time buyers enjoy:

  • No stamp duty on properties up to £425,000
  • Discounted rates (5%) on properties priced between £425,001 and £625,000

From April 2025, these benefits will be significantly reduced:

  • The stamp duty exemption will apply only to properties up to £300,000
  • The relief cap will be lowered to £500,000 (5% on properties between £300,000 and £500,000)

For those buying in London and the South East—where £300,000 barely scratches the surface of the market—this is a major blow. Many first-time buyers who would have previously avoided stamp duty altogether will now face additional upfront costs, potentially widening the affordability gap for those already struggling with deposits and mortgage rates.

What Should Buyers Do?

If you’re in the market for a home, timing matters.

  • First-time buyers should act fast – If you can complete your purchase before April 2025, you may save thousands in stamp duty.
  • Buyers under £250,000 should prepare for tax – Those previously exempt will now need to factor in extra costs.
  • Consider negotiating – In areas where prices hover near tax thresholds, sellers may be willing to adjust asking prices to keep buyers engaged.

Navigate those changes with Gorvins Residential

With these Stamp Duty changes set to take effect in April 2025, it’s more important than ever for buyers—especially first-time buyers—to plan ahead and understand their financial commitments. While these reforms may create new challenges, they don’t have to derail your homeownership journey.

At Gorvins Residential, we specialise in expert conveyancing services, helping buyers and sellers navigate complex property transactions with ease. Whether you’re looking to complete your purchase before the new rules kick in or need guidance on how these changes impact you, our experienced team is here to help.

Get in touch today for a free, no-obligation quote and let us handle the legal side—so you can focus on finding your dream home.


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Through a very stressful process buying a first home, Gorvins were confident and collected. Able to deliver what they promised and kept me updated through the stages. I was glad to have No Stress experience with our conveyancer in amongst the chaos of the rest of it.

Used as recommended by my mortgage advisor for a remortgage.  My case was dealt with by Natasha Sands and she made it complete smoothly and to my satisfaction.  Communication was great and all my questions answered promptly.  Will not hesitate to use again next time.

Fantastic service and for a fair price, special thanks to Joseph Hirst who dealt with my account from start to finish and was always on hand to deal with any queries I had, always got back to me in good time and made the whole process as stress free as possible.

Go with Gorvins, if you want peace of mind!

I recently instructed Gorvins to act on my behalf in the purchase of 5 apartments in Liverpool. I am happy to report that I was more than pleased with their performance.The services provided by the person in charge of the file at Gorvins was most professional, reliable and efficient. In fact she went out of her way to help in aspects which was not her responsibility and as a result the deal went­­ through smoothly.

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Gorvins Residential is the trading name of
Gorvins Residential LLP

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