Abbey Independent Inventories

News & views from the Abbey

Stamp Duty increases and rule changes for April 2025

westminster undergroung

Stamp Duty changes mean that many buyers are now rushing to get transactions over the finish line before duty bills increase in April. From April 1 2025 there are key rule changes including the threshold at which people start paying the tax will drop from £425,000 to £300,000 for first-time buyers, meaning that when buying a home worth £425,000 or more they will go from paying nothing to paying £6,250 on stamp duty. Similarly the threshold is als...

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