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Save on Stamp Duty Before April 2025: Here’s What You Need to Know

Natalie Wilson

Jan 10, 2025

What is Stamp Duty?

Stamp duty, or Stamp Duty Land Tax (SDLT) in England, is a tax payable when purchasing a property. The amount depends on the property’s value and your buyer status (e.g., first-time buyer, home mover, or second-home purchaser).

For First-Time Buyers

Current Rates:

Up to £425,000: 0%
£425,001 to £625,000: 5%

After 1st April 2025:

Up to £300,000: 0%
£300,001 to £500,000: 5%

For Home Movers  (Main Residence)

Current Rates:

Up to £250,000: 0%
£250,001 to £925,000: 5%
£925,001 to £1.5 million: 10%

After 1st April 2025:

Up to £125,000: 0%
£125,001 to £250,000: 2%
£250,001 to £925,000: 5%
£925,001 to £1.5 million: 10%

For Additional Properties (Second Homes)

Current Rates:

Up to £250,000: 5%
£250,001 to £925,000: 10%
£925,001 to £1.5 million: 15%

After 1st April 2025:

Up to £125,000: 5%
£125,001 to £250,000: 7%
£250,001 to £925,000: 10%
£925,001 to £1.5 million: 15%

Why Act Now?

The Government’s temporary relief on stamp duty has created a unique window of opportunity for homebuyers. Waiting until after the new rules come into effect could cost you thousands. Acting now ensures you can take advantage of the current thresholds and secure your dream home without paying extra.

Why Choose a New Build Home?

New build homes offer an excellent way to beat the stamp duty deadline while enjoying additional benefits:

There's no chain. This means you can move hassle-free since no one has owned the property before you.
It’s yours from day one. This means you’re able to make it your own and also move in a lot faster.
Newer homes are cheaper to run. Most new build homes have an EPC rating of B and above meaning they’re super energy efficient, mostly owing to being extremely well-insulated, modern heating systems, and sometimes even renewable energy technologies such as solar panels.
Cheaper home insurance. New builds use more up-to-date materials and feature newer safety features.
Warranties. With Strata you’ll be covered for 2 years with our Service Team and you’ll be covered for 10 years structurally with someone like the NHBC.

How We Can Help

RDY2GO: Our fully loaded RDY2GO collection is a range of homes that are designed just for you and are ready to move into within weeks. These six incredible designs have been carefully curated by our interior designers and are fully loaded with thousands of pounds worth of upgrades.

Part Exchange: Is your new home ready in the next three months? We can be your guaranteed buyer, so you can get a move on! Not forgetting we’ll give you up to 7 days to move.

Help to Move: We’ll create a fully tailored selling plan for you and manage the whole process so you can relax. We’ll even cover your estate agent’s fees.

Ways to buy

Save on Stamp Duty Before April 2025: Here’s What You Need to Know

What is Stamp Duty?

When Will Stamp Duty Rise?

Why Act Now?

Why Choose a New Build Home?

How We Can Help