Find out how the new rules will affect homebuyers and investors

Stamp Duty rates are changing from 1st April 2025

The new Stamp Duty rates apply to all buyers, including first-time buyers, home movers, and investors

Who will be affected?

The nil-rate threshold is reducing from £250,000 to £125,000 for all buyers, increasing tax liability

Current vs new SDLT rates

If you buy a home for £225,000, you will now pay 2% tax on £100,000, which equals £2,000

Impact on home movers

The nil-rate threshold for first-time buyers drops from £425,000 to £300,000, meaning a £425,000 purchase will now incur £6,250 in tax

Impact on first-time buyers

The 5% minimum rate will now start at £125,000 instead of £250,000, increasing costs for investors

Higher costs for second-home buyers

An investor buying a £250,000 property will now pay £17,500 in tax instead of £12,500—a £5,000 increase

Example for second-home buyers

Non-UK residents will continue paying a 2% surcharge on top of all SDLT rates

What about overseas buyers?

Use our free Stamp Duty Calculator to find out exactly how much you need to pay

How to calculate your SDLT?

Benham and Reeves provides expert advice on buying property under the new tax rules

Need help navigating the changes?