Housebuilder commits to helping buyers ahead of stamp duty threshold changes
Redrow Midlands is committed to helping homebuyers find their dream home and move ahead of the upcoming stamp duty changes.
From 1 April 2025, the nil-rate stamp duty threshold, which is currently £250,000, will return to the previous level of £125,000, and the nil-rate threshold for first-time buyers, which is currently available on properties up to £425,000, will drop to £300,000. The maximum purchase price for which first-time buyers’ relief can be claimed – which is a discounted rate of 5% on the proportion of the property value over the nil-rate threshold - will drop from £625,000 to £500,000. Moving before the changes come into effect could therefore save house buyers thousands of pounds.
To support homebuyers before the upcoming changes take place, Redrow Midlands, which is currently building at Eagle Gate at Amington Garden Village, on Eagle Drive, is committed to helping homebuyers move, offering a variety of schemes and incentives.
Perfect for families looking for more space or house hunters looking to right-size, Eagle Gate at Amington Garden Village offers a range of stunning three and four-bedroom homes from the award-winning Heritage Collection, such as The Sunningdale and The Henley.
Support available for buyers includes assistance for customers with an existing property to sell, and stamp duty contributions.
One of the properties available at Eagle Gate at Amington Garden Village under the Redrow ‘Help To Sell’ scheme is the Oxford Lifestyle, available from £446,000. This larger than average three-bedroom home may look very traditional on the outside, with its bay windows, broad, supported eaves and roofed porch, but inside it’s anything but. The main bedroom is more like a luxury hotel suite, stretching the complete depth of the home, with a walk-in wardrobe and generous en-suite, including both a bath and walk-in shower. The two other bedrooms also boast an en-suite, completing the impressive specification.
Downstairs, the convenience of an integrated garage takes nothing away from the sense of space available. You’ll still enjoy a substantial kitchen dining room opening out onto the garden, a handy utility room also with its own garden entrance and a separate lounge.
The Redrow Help to Sell scheme assists interested buyers in selling their existing property by arranging valuations, liaising with estate agents, and supporting them with paperwork, as well as providing a contribution towards the cost of selling.
In addition, Redrow Midlands is also offering tailor-made incentives with luxury upgrades available within the home for reservations made before Friday 31st January 2025.
Elaine Cartwright, Sales Director for Redrow Midlands, said: “We understand that the adjustments to stamp duty will cause uncertainty among homebuyers in Tamworth, who will be aiming to move before the changes take place.
“Our team of experts at Eagle Gate at Amington Garden Village are readily available to provide guidance and support throughout the purchasing process. Additionally, we have many schemes and incentives available to support buyers in securing their dream home without the extra stress associated with moving."
Amington Fairway, Amington Green and now Eagle Gate at Amington are part of the popular Amington Garden Village development, which offers a choice of two, three, four and five-bedroom properties. These sought-after homes are part of Redrow’s award-winning Heritage Collection and are located just three miles from Tamworth’s town centre. The development provides a rural setting with excellent commuter links, including easy reach of the A5, M42 and M6 Toll.
For more information about Amington Garden Village, and to book an appointment, visit: redrow.co.uk/amington-garden-village