🏡 Waterfords Estate Agents: What the Budget Means for You — and Why It’s Business as Usual
Today, the government unveiled the 2025 Budget under Rachel Reeves — and while there are headlines about fresh taxes and changes, for most of us thinking of moving: it really looks like business as usual.
✅ What’s Staying the Same (For Most Buyers & Sellers)
- The Budget contains no change to the current rules for most residential home-movers — in other words, if you’re buying or selling a typical home, there’s nothing in today’s announcement that impacts you directly.
- So if you’ve been waiting to move, this may be a relief: there’s no sudden stamp-duty hike or surprise tax burden on standard properties announced today.
⚠️ What Did Change — And Who It Affects
- The government introduced a new annual “mansion tax” on high-value properties, for homes valued at £2 million or more.
- This affects only a small slice of the market — luxury homes at the top end — so for most London and UK buyers / sellers, the ‘normal’ market stays pretty much unchanged.
- For typical homes and average buyers/sellers, no extra property-tax changes (stamp duty or similar) were announced.
💡 What This Means for the Property Market — And You
Overall, this Budget suggests stability rather than disruption. For the majority:
- The property market continues — buyers, sellers, and movers can plan with confidence.
- The “noise” around possible tax changes appears to apply mainly to ultra-high-value homes, not the mass of everyday properties.
- For people thinking about moving home or selling: there’s no reason to delay purely because of today’s Budget.
📣 Our Message from Waterfords
If you’re looking to move — whether up, down, sideways or simply changing neighbourhoods — don’t wait. With today’s clarity: it’s business as usual.
Contact us at Waterfords Estate Agents for a free, no-obligation property valuation and up-to-date advice. We’ll help you understand exactly what your home might fetch in today’s market — and set you on the right path for your next move.
