#stamp-duty

#stamp-duty

The Independent prioritizes accessible journalism, covering critical issues in real-time with on-ground reporting.

Mortgage completions surged 50% in March due to impending stamp duty threshold changes.

Increased urgency among first-time buyers before upcoming changes in stamp duty rates.

The Independent values accessible journalism while covering critical societal issues.

UK homebuyers rushed to pay stamp duty before tax hikes in April 2025, resulting in a £1.4 billion expenditure.

House prices in the UK continue to rise, with a forecasted increase of 2.5% in 2025 despite economic pressures.

UK house prices rose 3.9% year-on-year in March due to buyer urgency before stamp duty changes.

The Independent emphasizes the need for quality journalism accessible to all, particularly during critical events.

A significant increase in stamp duty costs is impending, impacting first-time homebuyers and those moving homes in England and Northern Ireland.

Homebuyers in England can expect a larger property selection this spring despite missing the March stamp duty deadline.

Homebuyers are rushing to finalize transactions before the April 2025 deadline for stamp duty relief ends.

Rachel Reeves' hike in stamp duty for second home buyers could negatively impact renters and the housing market.

Stamp duty may be applicable on building plots based on value, nature of land, and whether any construction has started.