{"id":1035,"date":"2025-10-15T10:56:41","date_gmt":"2025-10-15T10:56:41","guid":{"rendered":"https:\/\/springbokproperties.co.uk\/blog\/?p=1035"},"modified":"2025-12-08T12:43:38","modified_gmt":"2025-12-08T12:43:38","slug":"scrapping-stamp-duty-why-it-could-be-a-game-changer-for-homebuyers-and-the-market","status":"publish","type":"post","link":"https:\/\/www.springbokproperties.co.uk\/blog\/scrapping-stamp-duty-why-it-could-be-a-game-changer-for-homebuyers-and-the-market","title":{"rendered":"Scrapping Stamp Duty: why it could be a game-changer for homebuyers and the market"},"content":{"rendered":"

Springbok Properties<\/a>\u2019 CEO, Shepherd Ncube, recently shared his thoughts with The Express<\/em> and other media outlets on reports that Stamp Duty Land Tax could be scrapped.<\/p>\n

Shepherd said:
\n\u201cStamp duty is the second largest cost homebuyers must overcome when looking to climb the ladder and so, of course, any move to scrap it would bring a considerable boost.\u201d<\/p>\n

He added that the wider impact could help balance the market:
\n\u201cIt would encourage more buyers to make their move to homes suitable for their respective stages of life, thus helping to alleviate the pressure on the supply of suitable housing stock across the wider market.\u201d<\/p>\n

While the change remains hypothetical, Shepherd said that even the discussion of reform is encouraging for buyers:
\n\u201cOf course, we\u2019re a long way from such a reality at the moment, but even [these] claims will excite many homebuyers given the potential savings that could come as a result later down the line.\u201d<\/p>\n

The story was featured in The Express, Show House, Property Notify,<\/em> and London Loves Property. <\/em>Here\u2019s the full article from The Express<\/em>: https:\/\/www.express.co.uk\/news\/politics\/2119045\/kemi-badenoch-stamp-duty-masterstroke-housing-market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Springbok Properties<\/a>\u2019 CEO, Shepherd Ncube, recently shared his thoughts with The Express and other media outlets on reports that Stamp Duty Land Tax could be scrapped. Shepherd said: \u201cStamp duty is the second largest cost homebuyers must overcome when looking to climb the ladder and so, of course, any move to scrap it would bring … Continue reading “Scrapping Stamp Duty: why it could be a game-changer for homebuyers and the market”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1030,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-selling"],"yoast_head":"\nScrapping Stamp Duty: why it could be a game-changer for homebuyers and the market | Springbok Properties Official Blog<\/title>\n<meta name=\"description\" content=\"Discover expert guidance on scrapping stamp duty why it could be a game changer for homebuyers and the market. 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