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The UK property market is set to undergo significant changes in March 2025, with adjustments to Stamp Duty Land Tax (SDLT) thresholds poised to impact various stakeholders, including landlords. Understanding these changes and their potential effects is crucial for property investors and landlords planning future acquisitions or managing existing portfolios.
Overview of the 2025 Stamp Duty Changes
In 2022, the Conservative government temporarily increased the SDLT threshold to £250,000 to stimulate the housing market. This measure is scheduled to revert to its previous level of £125,000 in March 2025. Additionally, the Labour government’s Autumn Budget in October 2024 introduced an increase in the stamp duty surcharge for second homes and buy-to-let properties from 3% to 5%, effective from October 31, 2024.
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When it comes to selling your home, it's not just about square footage, modern fixtures, or a fresh coat of paint. Buyers are often driven by emotions, and creating a deep emotional connection can make all the difference in closing a sale. A home that feels warm, inviting, and full of life will stand out in buyers' minds long after they've left a viewing. Here’s how to create that emotional connection that turns a casual viewer into a committed buyer.
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The landscape of renting in the UK is on the brink of significant change as the long-anticipated Renters' Rights Bill moves closer to becoming law. Touted as one of the most impactful reforms in decades, the bill aims to address power imbalances between landlords and tenants, improve housing standards, and provide renters with greater security and fairness.
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As we step into 2025, the UK property market is showing strong signs of promise, making it an ideal time for prospective buyers, sellers, and investors to make their move. With more competitive mortgage rates, improving market conditions, and a wide selection of fabulous homes in fantastic locations, the year ahead looks set to offer solid value for money and exceptional service from property professionals. Here's why 2025 could be your year in the property market.
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Richard Kendall Estate Agent understand that letting out your property involves a range of legal responsibilities. At Richard Kendall, we prioritise safety regulations and compliance to protect both landlords and tenants.
Below, we will outline the essential safety regulations and landlord responsibilities to ensure you are aware of the compliance surrounding letting out your property.
