2025 Stamp Duty Increase Sparks Rise in UK House Prices
Could a 1.7% Increase in House Prices Help Bridge the Stamp Duty Gap?
With many buyers and sellers moving before the stamp duty increase, demand has increased, pushing average property prices up by 1.7% in January. This could potentially offset the additional 2% stamp duty increase.
When is the 2025 Stamp Duty Deadline?
Stamp duty increases and updates are due to occur on 1st April 2025. If the 1st of April stamp duty deadline passes you by, there’s still an opportunity to make the most of the market. With property prices rising by 1.7%, according to Rightmove, and demand remaining high, your moving plans could stay on track.
Strong Property Values Could Beat Stamp Duty Rises
Remember, stamp duty has various thresholds, meaning its rise by 2% from 0% on properties is from the portion priced between £125,001 and £250,000, according to the official gov.uk website. An increase in your property’s value could be greater than this amount.
Seize the moment with DABORACONWAY
Book a free house valuation with our experts - it could reveal a larger-than-average increase in your home’s value. With rising prices and active buyers, we’ll help you achieve a great selling price and negotiate a better deal for your next move.
Posted on: 6 March 2025