Temporary stamp duty thresholds are set to end from April, with the “nil rate” band for first-time buyers in Northern Ireland decreasing from £425,000 to £300,000.

September 24, 2022 at 2:00am BST. THE UK Government’s move to raise the threshold for paying stamp duty has effectively abolished the tax for most of the Northern Ireland housing market.

The proportion of first-time buyers in England and Northern Ireland who will need to pay stamp duty will double from April, according to analysis by a property website.. Currently, 21 per cent of ...

The official Northern Ireland house price index showed the average home sold for £185,037 in the first three months of the year, up 9.5% on the same quarter last year.. Falling interest rates has ...

Here's how stamp duty rates will alter in England and Northern Ireland from 1st April 2025: For properties up to £1250,000 (£300,000 for first-time buyers), the main residence rate is 0%.

If you are a first-time buyer, and you live in England or Northern Ireland, these changes mean that in the majority of cases you'll end up paying less stamp duty. As of today, for first-time buyers ...

Stamp duty is calculated according to bands. The percentage of the property owed in taxes rises incrementally in line with the cost of the property. Until Sept. 23, properties below £125,000 were ...

Currently, first-time buyers in England and Wales begin paying stamp duty on properties valued over £425,000, but this will decrease to £300,000 from April 1, reports the Mirror.

House prices in Northern Ireland rose by an annual rate of almost 10% in the first quarter of 2025. The average price was just over £185,000 compared to £169,000 in the same period last year ...

Below are the current stamp duty rates for England and Northern Ireland, which are set to stay until 31 March 2025: For properties up to £250,000 (£425,000 for first-time buyers), the main ...