A West Sussex housebuilder is advising homebuyers to be mindful of upcoming changes to Stamp Duty in April, which could increase costs for those planning to move in 2025 – even for first time buyers.

Sussex Express

Lewes

East Sussex

England

United Kingdom

West Sussex homebuyers encouraged to be aware of upcoming stamp duty changes

According to Zoopla the average home now costs £267,700

Media Bias/Fact Check

Daily Express

Reach plc

Home buyer numbers surge as Brits rush to beat Stamp Duty hike

The number of mortgages approved by the UK banking sector rose unexpectedly in December, according to new data, suggesting buyers are looking to beat upcoming changes to stamp duty. The Bank of England’s figures showed that 66,500 mortgages were approved last month, which was up from 66,100 approvals in November. Economists had expected the number of approvals, a good indicator of future borrowing, to fall to 65,000. Approvals for remortgaging, …

City AM

London

Greater London

Mortgage approvals up as buyers try to beat Stamp Duty changes

One property expert described the start of 2025 as ‘upbeat’. The number of mortgage approvals to home buyers edged upwards month-on-month in December, according to Bank of England figures. Some 66,526 deals got the green light, up from 66,061 the previous month. Nathan Emerson, chief executive of Propertymark, said: “Many people are likely to have been working with urgency to get their mortgages approved to help ensure they can complete ahead of…

perspectivemedia.com

Mortgage approvals to home buyers edged up in December – Bank of England figures

BoE Money & Credit data: UK mortgage approvals edge up in December despite economic uncertainty

headlinemoney.co.uk

House purchase mortgage approvals “increased slightly” by 500 to 66,500 in December, rebounding from a fall of 2,300 in November, Bank of England data shows. Approvals for remortgages fell by 700 to 30,500, falling for a second consecutive month, according to the central bank’s latest Money and Credit report. Net

Mortgage Strategy

Mortgage approvals edge higher in December: BoE   – Mortgage Strategy

Net mortgage approvals rose in December, delivering a boost for the property lending market following a prolonged period of economic uncertainty. According to the latest Bank of England data, net mortgage approvals for house purchases increased by 500 to 66,500 in December, after falling by 2,300 in November. Meanwhile, net borrowing of mortgage debt by […] The post Boost for property lending as mortgage approvals climb appeared first on Alterna…

alternativecreditinvestor.com

Boost for property lending as mortgage approvals climb

Bank of England

Finance

West Sussex homebuyers encouraged to be aware of upcoming stamp duty changes

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