Rightmove: House hunting at record high as stamp duty holiday rumours mount

Online house hunting reached a new record this month, overtaking the previous one set last summer. Rightmove said there were 8.5 million visits to its website on Wednesday February 17, higher than the previous record on July 8. It comes amid widespread speculation that the Chancellor will extend the stamp duty holiday by three months … Read more

234k extra buyers could benefit from stamp duty holiday extension

As many as 234,000 buyers who’ve had a property sale agreed could save thousands of pounds if the Chancellor’s rumoured three-month stamp duty holiday extension goes ahead. The total amount saved in stamp duty charges if the extension is given the green light in the Budget next week could top £984million, according to online property … Read more

Could I buy in time to benefit from a stamp duty holiday extension?

We have just agreed the sale of our home and the purchase of a new one costing £600,000, and there is no chain beyond these two transactions. We had been working on the basis that there was no way we would benefit from the stamp duty holiday, but I have now read that it could … Read more

Rishi Sunak ‘will extend stamp duty holiday until the end of JUNE’

Rishi Sunak will extend the stamp duty holiday until the end of June to boost the housing market, it was reported last night. Last July the Chancellor exempted most buyers from the levy if they completed their transactions before March 31, 2021 – saving people up to £15,000 – and leaving would-be homeowners racing to meet … Read more

Rishi Sunak ‘will extend stamp duty holiday until the end of JUNE’

Rishi Sunak will extend the stamp duty holiday until the end of June to boost the housing market, it was reported last night. Last July the Chancellor exempted most buyers from the levy if they completed their transactions before March 31, 2021 – saving people up to £15,000 – and leaving would-be homeowners racing to meet … Read more

Housing transactions drop for first time since April as stamp duty holiday nears end

Property transactions in the UK took a tumble in January for the first time in nine months, in the latest sign the pandemic-fuelled market boom is coming to an end. There were 98,830 residential property transactions last month, according to HMRC’s provisional estimate of UK residential transactions – 25.2 per cent fewer than December 2020. … Read more

Is the property market hanging by a thread as the stamp duty holiday ends?

Property sales that are worth £1.5billion are at risk of collapsing unless the Chancellor can be persuaded to extend the stamp duty holiday. The staggering sum represents two-thirds of buyers nationwide who are in a chain where someone is dependent on completion before the March 31 deadline, according to lender Paragon. Rightmove says about 100,000 … Read more

Is the property market hanging by a thread as the stamp duty holiday ends?

Property sales that are worth £1.5 billion are at risk of collapsing unless the Chancellor can be persuaded to extend the stamp duty holiday. The staggering sum represents two-thirds of buyers nationwide who are in a chain where someone is dependent on completion before the March 31 deadline, according to lender Paragon. Rightmove says about … Read more

Stamp duty holiday extension: How likely is it?

Extending the stamp duty holiday by six weeks would save home buyers in England a further £1billion, according to new predictions. Pushing the cut-off date back from 31 March to mid-May would mean that between 120,000 and 160,000 additional property sales would be able to complete and save up to £15,000 on their stamp duty … Read more