House sales surged in March on back of extended stamp duty holiday

Agreed house sales surged in March as the extension of the stamp duty holiday had an immediate impact on the housing market. Half of property professionals reported an increase in agreed sales during the month.  This marked the strongest rise in agreed sales since August 2020, according to the Royal Institution of Chartered Surveyors.  Cardigan in … Read more

House sales surge after stamp duty extension: Property market soared last month

House sales surge after stamp duty extension: Property market soared last month following Rishi Sunak’s decision to extend the tax break Chancellor’s stamp duty holiday was due to end on March 31 but will end in June The extension meant last month house sales saw the biggest surge since August Tax holiday means buyers pay … Read more

Stamp duty is shrinking the size of Londoners’ gardens

Garden space in London is getting smaller as stamp duty costs force mean people are adding extensions instead of moving, according to the Ordnance Survey. Reforms brought in back in 2014 mean more tax needs to be paid on homes worth more than £937,000 – traditionally found more often in the capital than many other … Read more

The small businesses breaking sales records thanks to ‘WFH renovating’ and the stamp duty cut

Along with Zoom quizzes, baking banana bread and a constant loop of TikTok videos, home improvements have been on the rise during the course of the pandemic. This is largely a result of more people working from home and having more time to redecorate while being keen to improve their new work spaces. Meanwhile, some … Read more

Demand for properties jump since Budget’s stamp duty extension

Demand for homes to buy has jumped since the extension of the stamp duty holiday and other measures were announced in the Budget, but with supply continuing to fall, prices are set to keep rising, new research suggests. Buyer demand was up 24 per cent in the week that followed the Budget on 3 March, … Read more

Rishi Sunak’s stamp duty holiday sparks record demand for property

Home sellers are set for a bumper Easter as Rishi Sunak’s stamp duty holiday sparks record demand for property House prices could soar after stamp duty holiday extended to the end of June Average asking prices are already up £2,484 to £321,064 due to limited supply  Easter busiest time for estate agents with 12 per … Read more

Homebuyers breathe easily as stamp duty holiday extended

House prices expected to hit record highs this year after Chancellor’s extension of current stamp duty holiday By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:50 GMT, 6 March 2021 | Updated: 21:50 GMT, 6 March 2021 Benefit: First-time buyer Jessica Sena saved £5,000 from the holiday House prices are expected to hit record … Read more

Stamp duty holiday extension: How likely are you to complete before June?

Home buyers welcomed the stamp duty holiday extension in this week’s Budget – but over-stretched solicitors say many will still miss the new deadline and some are even turning clients away. Chancellor Rishi Sunak confirmed that the stamp duty holiday will continue to apply to the first £500,000 of a home’s purchase price until 30 … Read more

House prices dip but could surge again thanks to Budget’s stamp duty shot in the arm – Halifax 

House prices in the UK edged downwards in February, but are predicted to hit record highs again after the stamp duty holiday was extended by Chancellor Rishi Sunak in this week’s Budget. The average price of a home in the UK last month was £251,697, a marginal 0.1 per cent drop compared to January. This … Read more