House sales jumped in December ahead of stamp duty changes this spring
1 month, 2 weeks ago

House sales jumped in December ahead of stamp duty changes this spring

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy House sales jumped by nearly a fifth in December, compared with the same month a year earlier, new figures show, as estate agents reported signs of home buyers in some locations rushing to beat a stamp duty deadline. No doubt buyers across London and the South East in particular would have been pushing for deals to get across the line given the traditionally higher tax rates in this part of the country Nick Leeming, Jackson-Stops From April 1, the “nil rate” stamp duty band for first-time buyers will shrink from £425,000 to £300,000. “No doubt buyers across London and the South East in particular would have been pushing for deals to get across the line given the traditionally higher tax rates in this part of the country. Jason Tebb, president of OnTheMarket, said: “Two rate reductions in the second half of last year bolstered buyer and seller confidence, and with further cuts expected this year, there is cautious optimism which bodes well for the spring market.” He added: “With stamp duty changes providing an extra motivation for first-time buyers in particular to transact over the next few months, a further rate cut from the Bank of England would be timely and give further impetus to the spring market.”

History of this topic

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2 months, 2 weeks ago
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3 months ago
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3 months, 3 weeks ago
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4 months ago
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4 months ago
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4 months ago
Average house prices in UK reached record high in October
4 months, 1 week ago
House price growth slows in October after September high
4 months, 2 weeks ago
UK house sales jumped 9% in September, says HMRC
4 months, 2 weeks ago
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5 months ago
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5 months, 3 weeks ago
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6 months ago
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7 months, 2 weeks ago
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10 months, 3 weeks ago
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1 year ago
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1 year, 2 months ago
House prices end year 1.8% lower as East Anglia faced biggest drop in UK
1 year, 2 months ago
House prices fell 1.8% in 2023 but were unchanged in December, Nationwide says
1 year, 2 months ago
Home sales down 16% in July compared to same month last year, says HMRC
1 year, 6 months ago
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1 year, 8 months ago
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1 year, 10 months ago
Annual house price growth slowed in December – ONS
2 years, 1 month ago
Average UK house price falls again in January
2 years, 1 month ago
House sales remain slightly higher than pre-pandemic levels
2 years, 2 months ago
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2 years, 3 months ago
House price growth ground to a halt in October, say surveyors
2 years, 4 months ago
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2 years, 4 months ago
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2 years, 4 months ago
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2 years, 10 months ago
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2 years, 10 months ago
House sales down by a fifth in February compared with a year earlier
2 years, 11 months ago
House sales down by a fifth in December compared with a year earlier
3 years, 1 month ago
UK house prices surge at fastest monthly rate since 2007
3 years, 5 months ago
Average UK house price hit record £267,587 as stamp duty holiday drew to close
3 years, 5 months ago
Home sales jumped by 32% month-on-month in August
3 years, 6 months ago

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