🏡 Attention First-Time Buyers: Act Now to Avoid Stamp Duty Increases!🚨
If you’re a first-time buyer in England dreaming of getting on the property ladder, there’s important news you need to know. Starting 1st April next year, new stamp duty increases will take effect. These changes could add significant costs to your purchase. There’s still time to take action & avoid these extra fees! 🕒 Here’s what you need to know
🚨 Act Now to Avoid Stamp Duty Increases! 🚨
📈 What’s Changing with Stamp Duty?
Stamp duty is a tax paid when purchasing a property, and the rates are set to increase for buyers starting in April next year. For first-time buyers, this could mean higher upfront costs when purchasing your dream home. 😟
From 1st April 2025, the following changes will come into effect:
✅ The nil rate threshold for first-time buyers, currently £425,000, will return to the previous level of £300,000.
✅ The maximum purchase price eligible for First-Time Buyers Relief (a reduced stamp duty rate) will decrease from £625,000 to £500,000.
These changes will make buying your first property more expensive. 💸 While the specifics depend on the price of the property, the bottom line is clear - delaying your purchase could cost you more. 🚪⏳
⏳ Why You Need to Act Now
To avoid these increases, you’ll need to ensure your property purchase completes before 1st April. This means:
📌 Starting your search now to find the right home.
📌 Agreeing on an offer as soon as possible.
📌 Allowing time for the conveyancing process, which can take several months.
🤝 How We Can Help You Beat the Deadline
At M&M Estate & Letting Agents, we’re here to help first-time buyers like you navigate the market and save money.
Here’s how we can support you:
✨ Exclusive Heads-Up Property Alerts: Be the first to hear about properties before they’re listed on property portals like Rightmove or Zoopla. By registering for our Heads-Up Alerts, you’ll gain access to the latest homes before the competition. 🏘️🔑
✨ Expert Advice: Our team will guide you through the process, from arranging viewings to negotiating offers, ensuring everything moves smoothly. 💬🤝
✨ Trusted Recommendations: Need a solicitor or mortgage advisor? We work with trusted professionals to ensure your purchase progresses quickly and efficiently. 💼📜
🔔 Don’t Miss This Opportunity
With the stamp duty increases looming, the clock is ticking for first-time buyers. Acting now could save you thousands and ensure a smoother buying experience. 💷✨
📢 Register for our Heads-Up Property Alerts today to stay ahead of the competition and discover your dream home before it hits the wider market.
📞 Contact us today to book viewings, discuss your options, or register for alerts. Let’s find your perfect home—and help you avoid paying extra stamp duty. 🏠📲
🚀 The early bird gets the home! Don’t wait until it’s too late—start your property journey today. 🏡💨