Autumn Budget 2025: What It Means for the Keighley Property Market

As an independent estate agent in Keighley, we know how important it is for buyers, sellers, and landlords across West Yorkshire to understand how the latest Autumn Budget affects the local property market. With weeks of rumours finally put to rest, we’re breaking down what the changes really mean for people looking to move or invest in Keighley and surrounding villages.

Here’s everything you need to know 👇

🏠 No New Annual Tax on Homes Over £500,000 - Good News for West Yorkshire

There had been real concern about a possible new annual property tax for homes valued over £500,000. Thankfully, this isn’t happening - great news for homeowners with larger properties across Keighley and the wider West Yorkshire area.

While our local market doesn’t have the same volume of £500k+ homes as the South, this decision still helps keep confidence steady and removes uncertainty for higher-value sellers. That’s especially important as we head into 2026, when many buyers traditionally start planning their next move. 🏡✨

🏰 ‘Mansion Tax’ Only for Homes Over £2m - Limited Impact Locally

The Government has introduced a new Council Tax High Value Supplement for properties worth over £2 million.

The key details:

  • Starts in April 2028
  • Annual charge of £2,500 for homes over £2m
  • £7,500 for homes over £5m
  • Just 0.5% of UK homes are affected
  • 85% of these are in London and the South East

Here in Keighley, this will have very little impact, as £2m+ homes are extremely rare in our area. However, for anyone with a unique high-value property in West Yorkshire, it’s worth planning ahead and seeking professional advice.

🏘️ Landlords in Keighley to Face Higher Income Tax

From April 2027, landlords will see their property income tax rates rise by 2%, increasing to:

  • 22% (basic)
  • 42% (higher)
  • 47% (additional)

For Keighley landlords, this is another pressure point on top of:

  • The Renters’ Rights Act
  • Tougher energy regulations
  • The 5% stamp duty surcharge on additional homes

We expect some landlords in Keighley to review their portfolios or consider selling. If you’re unsure how the changes affect you, we’re always happy to offer local, independent advice. 😊

🧾 Stamp Duty Remains the Same - But Issues Still Linger

Despite intense speculation, there were no changes to stamp duty.

While this creates stability, the outdated thresholds mean buyers in many parts of England are paying more tax due to rising house prices.

The good news?
For most Keighley home buyers, stamp duty remains modest compared with higher-priced southern markets. That keeps moving into and around West Yorkshire relatively accessible, especially for first-time buyers and upsizers. 🚚💙

🌟 A Boost of Confidence for the Keighley Property Market

Most of the disruption we’ve seen recently in the Keighley property market has come from uncertainty during the lead-up to the Budget. Now that everything is confirmed, we expect:

  • More buyers returning to the market
  • Sellers feeling confident about listing
  • Increased activity heading into the New Year
  • A strong Boxing Day property search boost 🔎🎄

This stability is exactly what our local market needs - and it’s great news for anyone looking to sell their house in Keighley or buy a home in West Yorkshire in 2025 and 2026.

📍 Thinking About Moving in Keighley? We’re Here to Help

As your local, independent estate agent in Keighley, we’re here to guide you through every part of your move. Whether you’re selling, buying, renting, or managing a portfolio, we’re always on hand with:

  • Honest local advice
  • Realistic valuations
  • Expert guidance on the Keighley and West Yorkshire property market
  • Support tailored to your goals

If you’d like to chat about how the Budget impacts your plans - or you’re curious about the value of your home - get in touch. We’d love to help. 😊🏡

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