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Anyone Selling a House Issued Warning After Deadline Passes - Liverpool Echo

  • The UK housing market saw 64,680 house sales in April 2025, a 64% drop from 177,440 sales in March.
  • This decline followed a surge in March as buyers rushed to complete purchases before stamp duty changes took effect on April 1.
  • First-Time buyers lost exemption for properties up to £425,000 and now pay stamp duty on homes costing over £300,000, reducing buyer activity.
  • Experts noted the market remains resilient, supported by less stringent mortgage affordability tests, an increase in available homes, and a recent interest rate cut.
  • While April’s sales dipped sharply, recent weeks show a significant rise in agreed sales at the fastest rate in four years, indicating renewed market confidence.
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IFA Magazine broke the news in on Friday, May 30, 2025.
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