29 Jan 2025
Buy to Let Stamp Duty Changes April 2025
On the 31st October 2024 stamp duty for those purchasing additional properties increased by 2% from 3% to 5%.
From 1st April 2025 the threshold will be reducing from £250,000 to £125,000.
This means the rate on a buy-to-let property costing £400,000 will increase from £27,500 to £30,000.
The below table shows the stamp duty rates from 1st April 2025 for additional properties in England, including the extra banding:
| Proportion of property value | Rates for additional property |
| Up to £125,000 | 5% |
| £125,001 to £250,000 | 7% |
| £250,001 to £925,000 | 10% |
| £925,001 to £1.5 million | 15% |
| Over £1.5 million | 17% |
You will be required to pay stamp duty two weeks from the date of completion.
Whilst the market has changed significantly over the years, our independent mortgage advisers have strong knowledge in this area of the mortgage market ensuring they give you the best option for your circumstances.
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