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Stamp duty hangover hits London as 80% first-time buyers face tax rise

Summary by Evening Standard

There’s been a three per cent drop in buyer demand as the increased cost of moving bites

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Evening Standard

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Stamp duty hangover hits London as 80% first-time buyers face tax rise

There’s been a three per cent drop in buyer demand as the increased cost of moving bites

5 days ago·London, United Kingdom

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Mortgage Strategy

Extra 21% of FTBs to be hit by stamp duty changes – Mortgage Strategy

An additional 21% of first-time buyers in England face paying Stamp Duty when a freeze on thresholds is removed at the beginning of April. This is according to estimates from Leeds Building Society. Currently, first-time buyers pay stamp duty on homes costing more than £425,000 but from 1 April that will reduce to

3 days ago

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London Post

Is It Really as Tough to Buy in London as People Make Out? - London Post

London’s property market is often described as one of the most unaffordable in the world. House prices are high, deposits seem unattainable, and competition can be fierce. But is homeownership in the capital really as tough as people say? The truth is, while buying in London isn’t easy, it’s often more achievable than the headlines suggest—especially if you take the right approach. Mortgage options have improved, and many buyers succeed by being…

3 days ago

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Today's Conveyancer

Market to maintain momentum after March | Today's Conveyancer

The end of incentives for FTBs and home buyers in March 2025 won't negatively impact the property market with lots of activity going on

4 days ago

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Your Money

First-time buyers in London will pay £6k more stamp duty

First-time buyers in London will pay around £17,827 in stamp duty on average after the change, a rise from £11,419.

4 days ago

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Mortgage Finance Gazette

First time buyers in London braced for stamp duty shock – Mortgage Finance Gazette

As the stamp duty deadline approaches, new research from mortgage broker Mojo Mortgages quantifies what first-time buyers in London will need to pay to take their first step on the property ladder. Mojo analysed the average house price in every Greater London borough before calculating… The post First time buyers in London braced for stamp duty shock appeared first on Mortgage Finance Gazette.

4 days ago

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