What the new UK budget means for homebuyers in 2025

The 2025 UK Budget has placed housing high on the agenda, bringing several changes that could make a real difference for people planning to buy a home. After a period of rising prices and higher borrowing costs, the Government has introduced measures to support both first-time buyers and those looking to move up the ladder.

A key announcement is the extension of Stamp Duty relief for first-time buyers. The threshold has increased again to better reflect current property values, helping many buyers reduce their initial costs. Another much discussed initiative is the reintroduction of 99 per cent mortgage products, aimed at those with smaller deposits. While this offers easier access, it is still essential to consider long term affordability and potential market fluctuations.

The Budget has also reinforced the commitment to greener, more energy efficient homes. Buyers of properties with strong energy performance ratings can benefit from incentives, while older homes may require additional investment to meet new standards.

For prospective buyers, the message remains clear: engaging a qualified Chartered Building Surveyor is vital. A professional survey can reveal hidden defects, clarify likely repair costs, and assess compliance with modern regulations.

The housing market continues to evolve, but informed decisions and expert advice remain the foundation of successful property ownership in 2025 and beyond.