Labour Government's First Budget
A Stamp Duty Increase That Won't Affect You
The Labour government’s first budget was announced in October 2024. What does it mean for Find UK Property clients?
The Good News
- No increase on Capital Gains Tax.
- No increase on taxes from rent.
- No changes to property inheritance rules.
The Bad News
- Stamp Duty increase from 3% to 5% for those buying additional properties.
If You Invest With Us
We're covering the Stamp Duty Increase
Reserve a property before 25th January 2025 and…
We pay the 2% extra
For buyers who need to pay the additional stamp duty, we will give you a discount of 2%. This means we will effectively pay the extra 2% stamp duty mentioned above on your behalf, for reservations made by 25th January.