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County Durham Named 'Flipping' Hotspot with 1 in 15 Homes Resold Months After Sale

ENGLAND AND WALES, JUL 6 – The proportion of flipped homes in England and Wales fell to 2.3% in Q1 2025, the lowest since 2013, while the North East recorded a 4.7% flipping rate, Hamptons reported.

  • In Q1 2025, 2.3% of homes sold were flipped, the lowest since 2013, according to Hamptons using Land Registry data.
  • Mounting upfront costs, including stamp duty and weaker London house price growth, have driven investors north, reducing flipping activity in England and Wales to a decade low in Q1 2025.
  • Hamptons data shows 61% of first-quarter flips in Midlands, North of England or Wales; North East, led by Redcar and Cleveland, remains a hotspot at 4.7%.
  • The decline in home flipping to a decade low is driven by rising costs and policy changes squeezing investor margins, with profits further impacted by upcoming stamp duty thresholds.
  • Beyond the national trend, average profits from flipping have nearly halved since 2022, with rising costs driving investors north to lower-tax regions for better yields.
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The Independent broke the news in London, United Kingdom on Sunday, July 6, 2025.
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