Stamp duty changes explained as UK households hit with £3,000 tax hike | UK | News
Homebuyers in England will pay £3,229 more in stamp duty from April 2025 for an average property, one expert warns.From this month, homebuyers will start paying stamp duty on properties sold for over £125,000, the previous threshold had been £250,000. This means a home in England selling for an average of £291,397 will pay stamp duty of £4,569, £3,229 more than if the property had been sold before April 1.Stamp duty is taxed at between 2%, 5%, 10% or and 12% of a property's purchase price, with different rates applying...