Stamp Duty Rates are changing in 2025. We're here to help you understand the changes and their potential impact on your property transaction.
Simon Greener LLB
Director, Solicitor
Stamp Duty Land Tax (SDLT or Stamp Duty) is a tax payable to HM Revenue and Customs (HMRC) when buying a property or land in England and Northern Ireland. The amount of SDLT you owe depends on various factors, such as:
As trusted conveyancing solicitors in Cheltenham, we are here to keep you fully informed about these changes and their potential impact on your property transaction. From explaining how the updated thresholds affect your budget to ensuring compliance with the new rules, our team will guide you through every step of the process.
Stamp duty is a tax paid on property purchases, and changes to the rules can significantly affect the costs involved. From 1st April 2025, the government will implement several important updates:
These changes are designed to adjust property taxation but could result in higher costs for many buyers. Our conveyancing solicitors are here to help you calculate your liability under the 2025 stamp duty changes and plan your purchase accordingly.
See our comparison tables below to see how the Stamp Duty Rates are changing in 2025
| Property or lease premium or transfer value | SDLT Rate |
| Up to £250,000 | Zero |
| The next £675,000 (the portion from £250,001 to £925,000) | 5% |
| The next £575,000 (the portion from £925,001 to £1.5 million) | 10% |
| The remaining amount (the portion above £1.5 million) | 12% |
| Property or lease premium or transfer value | SDLT rate |
| Up to £125,000 | Zero |
| The next £125,000 (the portion from £125,001 to £250,000) | 2% |
| The next £675,000 (the portion from £250,001 to £925,000) | 5% |
| The next £575,000 (the portion from £925,001 to £1.5 million) | 10% |
| The remaining amount (the portion above £1.5 million) | 12% |
If you’re in the process of buying a residential property, or considering doing so, it’s essential to understand how the upcoming changes may affect your costs.
Completing your purchase before 1 April 2025 will likely mean you pay the current SDLT rates rather than the updated ones, which could result in significant savings. If you can, scheduling completion before this date will likely result in a significant cost saving.
It’s also good to calculate your potential Stamp Duty liability before making an offer on a property, so you can have a clear idea on the difference you'll need to pay if completion takes place after 1st April. The government’s Stamp Duty calculator will help you estimate your bill under the current and future rules.
At Davis Gregory Solicitors, we understand that the stamp duty 2025 changes may add complexity to your property transaction. As part of our comprehensive conveyancing services, we:
As long-established Cheltenham conveyancers, we pride ourselves on delivering expert, efficient, and friendly service. With accreditation by the Law Society’s Conveyancing Quality Scheme (CQS) since 2012, we are committed to the highest standards of professionalism.
Whether you are buying your first home, buying a bigger home, downsizing, or purchasing a second property, we will ensure your transaction complies with the stamp duty changes in 2025 while keeping the process as stress-free as possible.
Our expert conveyancing solicitors are here to help. Please contact us or call 01242 235202.
Yes, the government has announced significant updates to stamp duty thresholds and rates, which will take effect from 1st April 2025.
The main changes include:
Residential buyers will face higher costs due to the reduced nil rate threshold. For example, purchasing a £200,000 property after April 2025 will incur £1,500 in stamp duty, whereas no tax is currently payable on properties under £250,000.
Yes, first-time buyer relief will be adjusted. From April 2025, the tax-free threshold will be £300,000, with a 5% rate applied to the portion between £300,001 and £500,000.
No, if you complete your purchase before 1st April 2025, the current thresholds and rates will apply, potentially saving you thousands of pounds.
The stamp duty surcharge for additional properties will be updated in 2025, with a 7% rate band for properties worth £125,001–£250,000, alongside the existing 3% surcharge.
You can use the Government website's calculator to calculate the stamp duty payable.
