Many homes exempt from property tax
19th July 2023

In the past year more than 60% of homes in Wales and nearly half (48%) of homes in England (excluding London) bought by home movers have been exempt from property taxation.
In Wales more than 90% of all 1-bed and 2-bed apartments sold for below the £225,000 threshold for Land Transaction Tax. In England the proportions sold for below the £250,000 Stamp Duty Land Tax threshold were 92% and 77% respectively.
Likewise, close to three in every four 3-bed houses in Wales and over half in England sold for below the price thresholds for taxation.
At £425,000, the threshold for first-time buyers in England (excluding London) is even higher. 80% of all homes sold in the past year have been beneath this threshold: 96% of all apartments and 80% of all terraced homes.
Source: Dataloft, Land Registry, DLUHC, properties sold in the year to end of April, based on the purchase of a primary residence, England excludes London
Employee of the Month- April 2025
12th May 2025
A huge congratulations to Patrick Hession, our Senior Lettings Negotiator, for being named Employee of the Month! Patrick has gone…
Best Cafés to Study in Brighton
7th May 2025
After months of studying at home or in the uni library, many students are finding that staying productive in the…
Barclays Unveils Sub-4% Mortgages as Rates Show Signs of Easing
30th April 2025
Positive news coming out of the Mortgage industry today as Barclays Bank has expanded its range of sub-4% mortgage deals,…