Latest mortgage news - Stamp duty land tax


20 Jul 2020

Housing boom sends asking prices to record highs

Post lockdown the UK housing market is in a mini-boom with asking prices at record highs and rising £7,640 this month.

09 Jul 2020

Stamp duty holiday to save thousands on new house purchases

The Chancellor has launched a stamp duty holiday to help kick start the property market saving buyers thousands for a new home.

26 Jul 2019

Boris Johnson may switch stamp duty from buyer to seller

While campaigning for prime minister Boris Johnson may make radical changes to Stamp Duty cutting the cost to homeowners.

03 Aug 2018

First time buyers save £284 million since stamp duty was abolished

Since stamp duty was abolished for first time buyers with homes valued under £300,000 total savings have amounted to £284 million.

26 Apr 2018

69,000 first time buyers benefit from cut in stamp duty relief

New stamp duty relief introduced by the government has saved first time buyers £2,300 on average when buying their first home.

22 Nov 2017

Stamp duty cut for first time buyers will increase house prices, says OBR

Changes in the budget means most first time buyers will not pay stamp duty but the OBR expects house prices to rise instead.

15 Sep 2017

Cost of moving home for London home buyers has risen to £32,000

Higher house prices and stamp duty mean the cost of moving home in London has risen to £32,092 or 47% higher than a decade ago.

21 Aug 2017

Stagnant home mover numbers makes it harder for first time buyers

The number of home movers has reduced by -2% creating a shortage of properties for first time buyers and higher prices.

11 Apr 2017

Strong home buying activity increases 6% by value in the last month

Home buyers start the year strongly with mortgage lending of £8.9 billion in February which is an increase of 7% over the month.

16 Nov 2016

Bank of England given new powers to curb buy-to-let lending

The Treasury is to give the Bank of England powers to limit lending to the growing buy-to-let mortgage market to protect the financial system.

21 Sep 2016

Luxury London property prices to fall 9% in the next year

Prices for luxury homes in London are expected to fall by 9% in a year due to stamp duty tax and EU referendum, says Savills.

07 Jul 2016

Annual house price growth slows ahead of uncertainty of a Brexit vote

The rate house prices are rising has slowed ahead of the EU Referendum with greater uncertainty expected from the Brexit vote.

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