The UK property market is experiencing a surge in activity ahead of the April 2025 stamp duty changes. According to Rightmove (2025), the upcoming tax change has pushed demand up by 8% and increased home sales by 15%, as buyers rush to secure deals before the deadline. At ABC Gone, we’ve seen firsthand how landlords and first-time buyers are responding to these changes, with more inquiries and quicker sales across Essex and East London.
What’s Changing?
From April 2025, first-time buyers will see their stamp duty tax-free threshold decrease from £425,000 to £300,000 (Gov.uk, 2025). This means:
- A £400,000 property that is currently tax-free will cost £5,000 in stamp duty.
- A £500,000 property that currently incurs £3,750 in stamp duty will increase to £10,000.
This shift makes buying significantly more expensive for many first-time buyers and investors.
Market Reactions
Increased Buyer Demand
According to The Times (2025), property sales have surged as buyers try to complete transactions before April 2025. Rightmove (2025) reports that:
- Home sales have risen by 15%, indicating strong buyer urgency.
- Demand is up by 8%, showing more competition for available properties.
- New property listings have increased by 13%, as sellers take advantage of motivated buyers.
At ABC Gone, we’ve seen a sharp increase in interest from first-time buyers and landlords looking to secure deals before the deadline. If you’re considering guaranteed rent or investing in rental properties, now is the time to act.
Impact on Buyers and Sellers
For Buyers
- Higher Costs in 2025 – First-time buyers will pay more stamp duty if they purchase after April 2025.
- Increased Competition in 2024 – Many buyers are rushing to complete purchases, making the market more competitive.
- Limited Supply in Key Areas – In hotspots like Romford, Ilford, and Barking, properties are selling faster due to heightened demand.
For Sellers
- More Demand Now – If you’re selling, 2024 is a great time to attract eager buyers.
- Price Growth May Slow in 2025 – As demand cools after the tax change, sellers might see fewer offers and longer sale times.
At ABC Gone, we help landlords and homeowners navigate these shifts to maximize their property’s value. Whether you’re selling, letting, or looking for a guaranteed rent scheme, we can assist you in making the best decision.
What Should You Do?
If You’re Buying:
- Act before April 2025 to avoid higher stamp duty costs.
- Get pre-approved for a mortgage and work with a trusted estate agent like ABC Gone.
- Focus on growth areas where demand is stable, such as Romford, Basildon, and East London.
If You’re Selling:
- List your property now to attract motivated buyers.
- Work with ABC Gone to price competitively and sell faster.
- If you’re a landlord, consider our Guaranteed Rent scheme to secure steady income regardless of market fluctuations.
Final Thoughts
The April 2025 stamp duty change is already shaping the London and Essex property market. With rising demand and limited time, buyers and sellers must act strategically.
At ABC Gone, we specialize in helping landlords and buyers navigate these changes. Whether you’re looking to buy, sell, or let, our expert team can guide you through the process.
📞 Contact us today at 02085 530645 or info@abcgone.com to discuss your property goals before the tax changes take effect.
Sources:
- Rightmove (2025) – “UK Housing Market Trends & Tax Changes”
- Gov.uk (2025) – “Stamp Duty Land Tax Update”
- The Times (2025) – “Property Sales Surge Ahead of April Tax Hike”
