HouzeCheck comment on SDLT
08 October 2025
Valuations guru Richard Sexton, the commercial director of proptech HouzeCheck, said:
“Stamp Duty land Tax (SDLT) is an outdated, regressive tax that burdens anyone aiming to buy a home. Existing homeowners and potential first-time buyers should cheer to hear of its proposed removal. SDLT inflates the already hefty costs of purchasing a property. It unfairly punishes those who’ve saved to buy a home but now need to upsize or move for work, while also discouraging older homeowners from downsizing – even when their large homes are no longer needed. Tenants aren’t spared either – landlords offset the surcharge through higher rents. Not only does it cost a great deal of money, it is also hampers Britain’s economic efficiency by discinsentising relocation for work. I welcome its proposed abolition.”
