Baker Estates

Save on Stamp Duty before the changes: Come along to our event on the 11th January

News - Category: Events
Save on Stamp Duty before the changes: Come along to our event on the 11th January

As you may have heard, the recent changes to stamp duty could significantly impact your next move. Whether you are a first-time buyer looking to get on the property ladder or a current homeowner planning your next move, now is the time to act and save.

 

Join us on Saturday, 11th January, from 10am to 5pm at all Baker Estates developments across the South West. This is the perfect opportunity to explore our stunning new homes, speak with our team, and learn how you can benefit from securing your dream home before the new stamp duty thresholds come into effect in March 2025.

 

Understanding the Stamp Duty Changes

For property transactions completed after 31 March 2025, the updated stamp duty rates for main residences will be:

  • Up to £125,000 – 0%
  • £125,001 to £250,000 – 2%
  • £250,001 to £925,000 – 5%
  • £925,001 to £1.5 million – 10%
  • Over £1.5 million – 12%

These changes mean that delaying your purchase could result in significantly higher costs in stamp duty.

 

For First-Time Buyers, the SDLT relief thresholds will also be reduced, returning to the previous level of £300,000 (down from the current £425,000). This means:

  • Up to £300,000 – 0%
  • £300,001 to £500,000 – 5%

For example, if you purchase a home for £350,000 after March 2025, you would pay stamp duty of £2,500. Today, you would pay nothing.

 

Why Attend Baker Estates Stamp Duty Event?

This event is your opportunity to explore a range of new homes across our South West developments, including:

  • Beautiful 2, 3, 4, and 5-bedroom homes
  • Stunning locations surrounded by countryside and coastal charm
  • Energy-efficient, modern designs perfect for every lifestyle

You’ll also have the chance to speak to our knowledgeable Sales Executives, who can guide you through the stamp duty changes and help you understand how much you could save by purchasing before March 2025.

 

Explore Our Developments

This event will take place at the following developments:

The Oaks, Honiton
Hayne Farm, Honiton
Little Orchard, Tavistock
Turnpike Fields, Chudleigh Knighton
Bee Meadow, South Molton
Little Cotton Farm, Dartmouth
Estuary View, Appledore
St Mary’s, Dartington
Sawmills, Dartington
Meadowbrook, Callington

 

Book Your Appointment

To ensure you don’t miss out, book your appointment today:

 

Act Now and Save

By purchasing your new Baker Estates home before the stamp duty changes, you could save thousands. Join us at our event on Saturday, 11th January to take the next step towards securing your dream home and enjoying significant savings.

 

Baker Estates – Good things happen here.