Understanding the new stamp duty changes and how it affects buyers and sellers in 2025

With the introduction of new stamp duty changes in 2025, it’s understandable that both property buyers and sellers may feel uncertain about the impact on their plans. Knowledge is power, especially when dealing with significant financial decisions. The good news is that the team here at Bernards Estate Agents is on hand to support you through these changes and help you navigate the complexities, so you can move forward with confidence.

Key changes in stamp duty 2025

Here’s a breakdown of the key changes you need to know:

  1. Extended first-time buyer relief

The tax-free threshold for first-time buyers has increased, making it easier to get on the property ladder and saving buyers thousands in upfront costs.

  • Higher rates for high-value properties

Stamp duty on higher-value homes has risen, meaning buyers will need to factor in a larger tax payment when purchasing luxury or top-tier properties.

  • Regional stamp duty discounts

For certain qualifying postcodes this is good news as some regions now benefit from reduced stamp duty – an attempt to boost local markets.

  • Investors subjected to increased surcharge

In a bid to reshape the rental market, buy-to-let and purchasers of second homes now face a higher surcharge.

What does this mean for buyers?

If you’re a first-time buyer, these changes could work in your favour. They’re designed to make homeownership more accessible by reducing the upfront costs.

However, if you’re purchasing a high-value property or expanding an investment portfolio, the increased rates may affect your budget and influence your financial strategy.

And for sellers?

For sellers, the new stamp duty landscape may influence how buyers approach your property. In regions with reduced rates, demand could rise, thus making now a smart time to list your property.

For higher-end homes, adjusting your pricing strategy or offering incentives may be necessary to attract serious buyers.

How Bernards can help you navigate these changes

Navigating these new stamp duty changes can feel overwhelming, but we’re here to help. Our property experts are here to guide you through the 2025 stamp duty changes, whether you’re buying your first home, selling your house, or looking to invest.

Contact Bernards today for a free consultation today.