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Agreed UK property sales jumped by almost a third year on year at the end of 2024 as buyers rushed to avoid the rise in stamp duty from next April, according to data from Zoopla.  Research by the property portal reported on Monday that there were 283,000 sales agreed but not yet completed as of December 14, the largest sales pipeline in four years and up by 30 per cent on the end of 2023. …

Financial Times

London

Greater London

England

United Kingdom

Agreed UK property sales jump ahead of stamp duty increase - Business Fast

A sizable pipeline of sales will complete in the first half of 2025, with buyers hoping to avoid higher stamp duty costs from April, Zoopla said.

Ad Fontes Media

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Media Bias/Fact Check

The Independent

Evgeny Lebedev

Home buyers becoming more ‘price sensitive’, says property website

Evening Standard

Alfred Harmsworth (barrister)

Geraldine Mary Harmsworth

Patricia Harmsworth, Viscountess Rothermere

Carron Greig

Nikkei Inc.

Property industry reacts to Zoopla House Price Index - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate of topics of the day. Subscribe for our free daily newsletter.

Property Industry Eye

Property industry reacts to Zoopla House Price Index - Property Industry Eye

The latest News,/news,,news, breaking news, comment, reviews and features from the experts at Moneyweek

MoneyWeek

House prices return to growth, Zoopla says

Buyers are more price-sensitive and are agreeing sales at 3.6% below the asking price, data from Zoopla has revealed.

Mortgage Solutions

Buyers are more price-sensitive and agreeing sales at 3.6% below asking price

The UK housing market is set to close 2024 with its strongest end-of-year performance in four years, with 283,000 sales progressing into 2025.  Valued at £104bn, this marks a 30% increase in the sales pipeline compared to December 2023, according to the latest House Price Index from Zoopla. Average house prices have returned to growth, with a 1.9% increase over the past 12 months.  The average UK home now costs £267,500, with Northern Ireland le…

theintermediary.co.uk

Housing sales end 2024 on a high as buyers grow cautious over house prices - The Intermediary - Latest UK mortgage news

Barratt David Wilson Kent said it was offering incentives to unlock homeownership ahead of the end to the temporary cut to stamp duty on March 31 next year. From that date, the stamp duty threshold will be reduced from £425,000 to £300,000, giving first time buyers an additional tax liability, the housebuilder noted. Buyers in the South East are expected to pay £4,240 in tax on a £384,804... Source

thebusinessmagazine.co.uk

Barratt David Wilson Kent outlines incentives for buyers ahead of stamp duty change

The latest House Price Index from Zoopla shows the housing market is set to finish 2024 on a high with sales volumes up 23% in the last four weeks.

Agreed UK property sales jump ahead of stamp duty increase - Business Fast

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