Rightmove Calls for Stamp Duty Overhaul as Tax Hits Home Mobility

The UK housing market received a boost following the government’s decision to extend the existing Stamp Duty thresholds through 2025. The move, announced as part of the latest fiscal update, means that homebuyers will continue to benefit from reduced Stamp Duty liabilities — a measure initially introduced to stimulate market activity during economic uncertainty.

Industry analysts say the extension could encourage more first-time buyers and investors to re-enter the market, helping to stabilise transaction levels and support housing demand as mortgage rates begin to ease.

Under the current rules, no Stamp Duty is payable on properties valued up to £250,000, while first-time buyers enjoy an exemption up to £425,000. These thresholds, due to expire at the end of 2025, have now been confirmed to remain in place, offering continued relief for thousands of potential buyers.

Economists note that the extension could sustain moderate price growth in certain regions, especially where affordability remains a key concern. The decision comes at a time when many households are adjusting to higher living costs, making upfront tax savings increasingly valuable for both owner-occupiers and investors.

The Stamp Duty freeze is also expected to support investment in the private rented sector. With demand for rental homes still outpacing supply, property investors are likely to take advantage of lower transaction costs to expand portfolios, particularly in areas with strong rental yields such as the Midlands and the North West.

However, analysts caution that while the measure boosts confidence, other factors — including tighter lending criteria and regional affordability gaps — may still moderate growth. Market observers are urging landlords and buyers to approach purchases strategically, balancing potential tax benefits with long-term market conditions.