Stamp duty

25 years of stamp duty - homebuyers see 490% tax cost increase

25 years of stamp duty - homebuyers see 490% tax cost increase

25 years of stamp duty - homebuyers see 490% tax cost increase

The latest property market analysis by London lettings and estate agent, Benham and Reeves , has revealed that in the last 25 years, the cost of stamp duty has increased by 490% for the average homebuyer.

Now that the stamp duty holiday is done and dusted, the average homebuyer in England will once again pay the...

SDLT holiday saves homebuyers £3bn with half a million paying no tax on their purchase

As the final deadline approaches, research by the estate agent comparison site, GetAgent.co.uk , has found that just shy of 500,000 homebuyers across England are set to have saved over £3bn in stamp duty as a result of the stamp duty holiday.

GetAgent analysed every property purchase to have completed across England since 8th July 2020 when the stamp duty holiday was first introduced...

SDLT holiday blues - Homebuyer faces 327% increase in SDLT as final deadline approaches

The latest research by Birmingham estate and lettings agent, Barrows and Forrester , has revealed how higher house prices as a result of the stamp duty holiday will see homebuyers pay 40% more in stamp duty tax when the reprieve is finally removed at the end of September.

Barrows and Forrester analysed house price data and the average cost of stamp duty prior to the holiday’s...

The areas where FTBs will now pay stamp duty thanks to a holiday house price increase

The latest property market analysis by London lettings and estate agent, Benham and Reeves , has revealed that a high rate of house price growth caused by the stamp duty holiday will now see some first-time buyers pay stamp duty on their purchase as a result of the average house price exceeding the stamp duty free threshold of £300,000.

Prior to the government’s decision to grant a...

Property Prices

Why House prices are soaring with the end of the stamp duty holiday

HOUSE PRICES RISE FASTER THAN EXPECTED IN AUGUST DESPITE TAPERING OF STAMP DUTY HOLIDAY

House prices in the UK rose by 0.7% in August despite the Stamp Duty holiday being wound down, according to the new Halifax House Price Index (HPI). The consensus forecast by financial analysts was for a smaller 0.4% rise in prices.

From 1st July 2021 most property buyers have only benefited from...

25 places where house prices have hopped the final SDLT holiday threshold since it launched

Research from the national estate agent, Keller Williams UK , has found that high rates of house price growth due to the stamp duty holiday have pushed the average house price in 25 areas of England above the final holiday threshold of £250,000.

While the first extension of the stamp duty holiday has now ended, there is still the opportunity of a stamp duty free purchase on homes up...

Just 19% of landlords have plans to offload their buy-to-let portfolio in the next five years

The latest research by the nationwide buy-to-let specialist, Sequre Property Investment , has revealed that despite a string of government changes around stamp duty, tax relief and a potential change to capital gains tax, UK landlords remain undeterred where their investment intentions are concerned.

While changes to tax relief and a three per cent increase to the rate of stamp duty...

Homeowners unconcerned about stamp duty deadline dip in house prices

The majority of homeowners in England remain unconcerned about a stamp duty holiday deadline dip in house prices, although a third would be deterred from selling should one materialise.

That’s according to research from the homebuying platform, YesHomebuyers , who found that 83% were unphased about a potential cool in house prices now the initial stamp duty deadline is about to...

Stamp duty holiday set to save £3.4bn with 76% of homebuyers paying nothing at all

The latest research by estate agent comparison site, GetAgent.co.uk, has found that despite market delays, over half a million homebuyers in England are set to benefit from the stamp duty holiday to the tune of £3.4bn.

GetAgent analysed transaction data from the Land Registry to see how the market has already performed between the launch of the stamp duty holiday and the original...

Stamp Duty

Delays and higher house prices see homebuyers fall out of love with the stamp duty holiday

Research by estate and lettings agent, Barrows and Forrester, has revealed that the shine is starting to come off the stamp duty holiday for disgruntled homebuyers who are experiencing long delays and higher house prices as a result of the initiative.

85% of those asked said that the current market bottleneck caused by stamp duty holiday demand has caused their purchase to be delayed...

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