Autumn Budget Breakdown: What Kent Homemovers Need to Know

 

After months of speculation, the 2025 Budget has finally arrived. What many expected to be a major disruption has turned out to be a set of measured, manageable changes.

Now that we have clarity, buyers and sellers in North Kent can make informed decisions rather than worrying about future uncertainty.

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Key Changes From 2028

The government will introduce two annual charges for higher-value homes:  

• £2,500 on homes over £2 million
• £7,500 on homes over £5 million

There will also be a 2% increase in tax on rental income and property investment returns.

These changes are modest, and importantly, they bring stability, giving high-value homeowners and investors confidence to plan ahead.

£2–£3 Million Homes: Pricing Is Key

Most buyers in this range are financially robust. £2,500 a year is unlikely to impact whether they buy a property or not.

Instead, the impact is psychological:

• Buyers respond to smart pricing.
• Pricing just below £2 million may reduce visibility on property portals.
• Smart pricing that balances perception and reach is now essential.

£5 Million+ Properties: Still Lifestyle-Led

At this level, decisions are driven by space, setting and long-term vision, not by the surcharge.

However, owners close to the £5 million line may consider selling before 2028 to avoid taking on the additional cost.

Overall, this market segment remains steady, confident and motivated.

Downsizers: A Gentle Push Forward

An extra £208 per month may encourage some longstanding owners of larger homes to move sooner than planned.

This could unlock supply in desirable North Kent villages, offering families searching for high-quality homes more choice.

Landlords & Investors

The tax rise will put pressure on returns, especially for smaller landlords and older properties with lower EPC ratings. Some may streamline or exit.

That said:

✔ Rental demand remains strong
✔ Lifestyle-led areas in North Kent continue to attract quality tenants
✔ Well-presented homes will still let quickly

Our Market Outlook

• Under £2 million → Stable
• £2m–£3m → Activity to pick up from early 2025
• £5m+ → Resilient and lifestyle-led
• Downsizers → Gradual increase
• Investors → Portfolio refinement
• Lifestyle movers → Still prepared to pay a premium

What This Means For You

With uncertainty around the Budget removed, the advantage lies with those who act strategically within the local property market.

Success now depends on:

• Correctly positioning your property
• Understanding how buyers think
• Using precise, market-aligned pricing

For most of our clients at Quealy & Co, this Budget isn’t a barrier; it’s a moment to reassess, reposition, and move ahead with clarity.

Final Thought

The Budget marks a shift, not a setback. The market will adapt, not slow down. Those who plan early will be best placed to benefit.

If you’d like tailored advice on how these changes may affect your moving plans, we’re here to help. Our guidance is free, confidential and without obligation.

We’re here to help you take your next step with confidence. Just give us a ring at 01795 429836 or drop us an email at hello@quealy.co.uk. 

For a quick online valuation of your home's market value, whether you're selling or letting: Click here.