Stamp Duty Reform UK
@StampDutyReform
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Stamp Duty is a barrier to recovery of the UK housing market – recovery is more transactions, not rising prices. Stamp Duty Reform UK campaigns for change.
Joined September 2013
Why aren't property owners in London more angry? £2.25m buys a terrace or semi-detached property in Putney – not a mansion. Stamp Duty is £183,750. High value property tax is £2.5k pa from 2026. Council Tax for Band H is an additional £2k pa. #stampduty #counciltax #mansiontax
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A moronic tax that will actually lose the Treasury money. Will cost homeowners billions in lost value. It’s about pure envy.@RachelReevesMP @Keir_Starmer @TalkTV @GBNEWS #MansionTax #HousingMarket @JuliaHB1
dailymail.co.uk
Property experts have warned that the so-called 'high council tax surcharge' will distort property values and have knock-on effects throughout the market.
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The #MansionTax sees all money raised will going straight to the Treasury. This will clearly reduce disposable income and as such will have an impact on retail, leisure, food & drink sectors and in turn their suppliers. Reverse multiplier effect - law of unintended consequences.
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Nick Leeming, chairman of Jackson-Stops, said: “What concerns me is the greater economic consequences beyond the Chancellors tax grab, leaving £2m homeowners who are mortgaged having the potential to slip into negative equity as prices realign." https://t.co/EsjEwPPjTM
estateagenttoday.co.uk
Hopes of Stamp Duty reforms were dashed in the chancellor’s Autumn Budget but there was plenty for agents to ponder from a new mansion tax to extra property taxes for landlords. – Autumn Budget 2025:...
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#Budget2025
#propertytax
#housingmarket An excellent article on the new #mansiontax can be found here:
todaysconveyancer.co.uk
As mansion tax rumours become fact, expert share their views on its impact: Of the many rumoured changes to the system of property taxation, the mansion tax – or ‘high value council tax surcharge’ –...
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The council tax surcharge bands: £2m to £2.5m will pay £2,500 £2.5m to £3.5m will pay £3,500 £3.5m to £5m will pay £5,000 More than £5m will pay £7,500 AND DON"T FORGET TO ADD ON THE £5,000 COUNCIL TAX THEY ARE ALREADY PAYING! #counciltax #mansiontax #budget2025
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Many Band H homeowners in London and the South East are already paying around £5k pa on Council Tax. Add on £2,500+ #mansionTax and it's a big hit out of taxed income (or a pension). And £2m does not buy you a 'mansion' #budget2025 #counciltax
OK everyone get back up and dust yourself down. The damage was done by all that kite flying. But unless you own a home over £5 mill, earn very nearly £50K, have an electric car or are a landlord you can breath more easily. Oh, that’s quite a lot of folk. Oh well.
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@MartinSLewis Will people stop calling it a mansion tax- it’s a tax on family homes in London and the south east - nothing less than an ideologically motivated swipe at a small number of people for limited tax gain
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@10DowningStreet So called Mansion tax, forcing pensioners out of their homes. Vindictive and evil.
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A terrace house in London costing £2m is not a luxury home
Luxury homeowners face a new Mansion Tax following the 2025 Budget, sparking warnings from property experts about potential market ripple effects
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Many £2m plus properties in London subject to the new #mansiontax are likely to be either terraced family homes with the owners leveraged with large mortgages or retired people with their property as their only asset and living on a small income #stampduty #budget #propertymarket
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An appalling #budget for homeowners in London and the South East. The absurd #mansiontax will encourage people to sit tight and wait for the next government. The upper end of the #propertymarket will freeze, potentially impacting on those lower down the chain. #stampduty
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HMRC figures show: – seasonally adjusted transactions for Sept increased by 1% for from Aug – non-seasonally adjusted transactions decreased by 2% in Sept relative to Aug These transactions would have been instigated PRIOR to budget #propertytax rumours #stampduty #budget2025
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ICYMI, the latest RICS (@RICSnews) survey provides more evidence that sales activity in the UK housing market has stalled again, with no fewer than 3️⃣3️⃣ references to the upcoming Budget in the summary of members' comments... 🤔 https://t.co/7ZypuEkeNX
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Non-seasonally adjusted and seasonally adjusted UK residential property transactions by month between 2022 and 2025.
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HMRC has released the monthly provisional estimates of residential UK property transactions. Seasonally adjusted transactions have decreased by 2% from 95,240 in July 2025 to 93,630 in Aug 2025. All the indications are that Sept will be much worse. #stampduty #propertysales
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Stamp Duty increase depresses housing market. The provisional seasonally adjusted estimate of the number of UK residential transactions in May 2025 is 81,470, 12% lower than May 2024. Government, when are you going to learn about the damage #stampduty does to the economy?
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Stamp Duty: – Is a barrier for first-time buyers – Deters people from moving for a better job – Encourages owners to overdevelop small houses rather than move – Discourages older owners from downsizing AND THE BUDGET HAS MADE THIS WORSE! #budget2024 #stampduty #propertytax
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