Transaction numbers plunge following Stamp Duty deadline
Official estimates tell of a 63% drop in residential property sales from June to July - but transactions are still running above last year's level.
Average property prices leapt 4.5% in the month before the Stamp Duty holiday deadline – UK HPI
The average UK house price increased by 13.2% in the year to June 2021, up from 9.8% in May, according to the latest official UK HPI.
By PrimeResi
Property transaction numbers recover from lockdown lowpoint
The cumulative number of offers accepted in the UK since the start of the year is now above the five-year average, says Knight Frank.
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1.3 million buyers have benefitted from the the Stamp Duty holiday
"We haven’t yet seen any significant increase in properties falling through so it looks like most are going ahead regardless," says Tim Bannister, Rightmove’s Director of Property Data. Al
By PrimeResi
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Knight Frank trims house price forecasts for 2025
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'Our Viadux penthouses bring to Manchester’s prime city centre a level of quality and sophistication that’s usually only seen in London,' says Salboy chief Simon Ismail.
By PrimeResi
High-end brokerage adds trio of PCL specialists
United Kingdom Sotheby’s International Realty bolsters London sales team with more senior hires.
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Expert Views: Property industry insiders on the government’s latest leasehold reform plans
Lawyers & leasehold specialists weigh-in on a big update on leasehold reform - including that the 'two-year rule' for leasehold extensions ends in January
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