Buyers rush to complete sales ahead of 1 April stamp duty changes
Housing market has strongest start in three years — see how your area fared
The UK housing market has seen its strongest start in three years, with new sales agreements up 12 per cent in the four weeks to 24 January, compared with the same period last year, according to property website Zoopla.
This surge in activity comes as the number of homes for sale also increased 10 per cent year-on-year.
Zoopla has said this could be driven by buyers aiming to complete purchases before the April 1 stamp duty changes. These changes will see the “nil rate” band for first-time buyers reduced from £425,000 to £300,000 in England and Northern Ireland.
Housing market has strongest start in three years — see how your area fared
