First-time buyers face rising stamp duty burden
Original Article Summary
Thirty per cent of first-time buyers in England purchased homes exceeding £300,000 in 2026, double the proportion recorded a decade ago, according to analysis by Connells Group. The increase marks the highest level on record and represents a significant shift in the tax burden facing new homeowners. The post First-time buyers face rising stamp duty burden appeared first on PropertyWire.
Investor Analysis
30% of first-time buyers in England now pay stamp duty following April 2025 threshold reductions, with London most severely affected (78% of FTBs liable). The data reveals measurable pricing distortions around the £500,000 relief cap and a 1pp widening in asking-to-paid price gap, signalling softening demand leverage in FTB-heavy price bands.
Investor Relevance
Investors selling properties in the £300,000–£500,000 range — especially in London and the South East — face a materially changed buyer pool with higher upfront costs, greater price negotiation pressure, and clustering behaviour around the £500,000 threshold. This affects exit pricing assumptions, buyer demand depth, and resale strategy. BTR and PRS investors may also benefit indirectly as FTB affordability pressure sustains rental demand.
Original Source:
PropertyWireStay Updated
Subscribe to our weekly briefings for curated property news and insights