Sunak's stamp duty holiday behind surge in home buyer interest



Sunak’s stamp duty holiday behind surge in home buyer interest

Demand for all UK property is up, but price range reflects chancellor’s £500,000 limit

The number of buyers looking for homes has surged in the month since the chancellor announced a stamp duty holiday, with demand for properties costing between £500,000 and £750,000 showing the biggest uptick, according to figures from the UK’s largest estate agency chain.

Between 8 July and 8 August, the number of people registering to buy across the country was up by 38% on the same period last year, boosted by the stamp duty holiday on properties costing up to £500,000, Hamptons International said.

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Source: Guardian

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