Looming stamp duty changes ‘could hold back house price growth in 2025’
1 month ago

Looming stamp duty changes ‘could hold back house price growth in 2025’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Stamp duty changes next year are likely to hold back house price growth and reinforce a North-South divide, a property website predicts. Zoopla predicted that higher buying costs will be reflected in what home buyers are prepared to pay in 2025, leading to a drag on house price growth. These changes are likely to take 0.5 to 1% off house price growth in 2025, hitting buyers in higher value markets Richard Donnell, Zoopla Richard Donnell, executive director at Zoopla said: “The growing complexity of makes assessing its impact on market activity and pricing increasingly difficult.” He added: “Faced with this higher cost, home buyers will want it reflected in the price they pay for their home and will seek to make offers, keeping prices rises in check over 2025 and into 2026. “These changes are likely to take 0.5 to 1% off house price growth in 2025, hitting buyers in higher value markets.”

History of this topic

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1 week, 1 day ago
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