Act Now to Save Thousands on Stamp Duty

Homebuyers are urged to act swiftly as the deadline for significant stamp duty savings approaches. With changes set to take effect from April 25, 2025, potential homeowners have a limited window to secure substantial savings on their property purchases.

The impending increase in stamp duty rates could see buyers facing additional costs of up to £6,250 for first-time buyers and £2,500 for other purchasers. This change is expected to impact the housing market significantly, potentially altering buying decisions for many prospective homeowners.

"We're encouraging all potential buyers to seriously consider making their move before the April deadline,"

says Joel Winders, Commercial Director at Kingswood Homes.

"The savings available now are substantial and could make a real difference in helping people onto the property ladder or secure their dream home."

Examples of potential savings include:

• For a property priced at £315,995 (e.g., Haybarn 4):
  • First-time buyers could save £799
  • Other buyers could save £2,500
• For a property priced at £399,995 (e.g., Rivington 4):
  • First-time buyers could save £4,999
  • Other buyers could save £2,500

These figures underscore the significant financial impact of acting before the stamp duty increase takes effect. Buyers who exchange on their new homes before April 25 stand to benefit from these substantial savings.

Kingswood Homes is committed to helping buyers navigate this change and maximize their savings. We offer a range of properties suitable for various budgets and preferences, all eligible for current stamp duty rates if purchased before the deadline.

For more details checkout the Kingswood Homes Developments:

• Green Hills   The Homestead Collection
• Green Hills The Farmstead Collection
• Spinners Brook