Thursday, 25 February 2021

House Sales Up 10% As Buyers Rush To Beat Stamp Duty Deadline

 Momentum in the housing market shows no sign of slowing with housing sales 10 per cent higher than this time last year, according to the property website Zoopla. Its latest figures show the annual rate of growth in property prices reaching 4.3 per cent, the highest level seen since April 2017. The market is being driven by buyer demand, as people look to take advantage of the temporary stamp duty holiday. Zoopla says with demand continuing to outstrip supply, house prices rose by 0.3 per cent in January, with the average property now costing £226,000 according to its house price index. Read more on the Mortgage Strategy website.

https://www.mortgagestrategy.co.uk/news/house-sales-up-10pc-as-buyers-rush-to-beat-stamp-duty-deadline/

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