First time buyer? Find your first home now to save thousands on Stamp Duty

First time buyer? Find your first home now to save thousands on Stamp Duty

From March 2025 the discounted Stamp Duty for first time buyers expires. With the average process of buying a home taking 12 weeks, you need to secure your home now!

At the moment, buyers of homes worth less than £250,000 don't pay stamp duty. This was doubled from £125,000 under Liz Truss's mini-Budget in September 2022.

The threshold is £425,000 for those buying their first property. This was raised from £300,000 as part of the mini-Budget.

These higher thresholds will end in March 2025, when they will revert to previous levels.

To make the most of the discounts, it is critical to secure a property before Christmas with solicitors instructed.

If you have any questions regarding this or other property related matters, contact our Sales Director, David Long on 01932 232927 or david@newboulds.com





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At Newboulds & Co, we believe in making your property journey as smooth and positive as possible. We are delighted to share two recent success stories from clients right here in Shepperton, highlighting our commitment to exceptional service.

There is an interesting statistic in the Shepperton property market that, on the face of it, doesn't seem to make much sense. The average Shepperton home currently takes 64 days to sell, compared with a national average of 75 days.

Every few weeks, another headline appears warning that house prices are about to crash. The reason changes each time. One month it is mortgage rates. The next it is inflation. More recently, geopolitical tensions and uncertainty in the Middle East have been blamed for higher borrowing costs and weaker buyer confidence

When people talk about the property market in Shepperton, the conversation normally centres on house prices. Yet price is only part of the story. The size of a home matters too. A £500,000 home in one part of the country may offer significantly more space than a similarly priced home elsewhere.