Increased activity due to stamp duty deadline

March 10, 2016

UK property prices are expected to slow in the coming months due to concerns about the June 23 European Union referendum and global economic uncertainty, February saw strong growth in property prices across the UK except for London, the rush to buy before the stamp duty hike in April will probably see strong figures continue  into March as well.

The Royal Institution of Chartered Surveyors (RICS) reported its monthly house price balance rose to +50 last month from a downwardly revised +48 in January, sticking within the same narrow range where it has been for the past five months, the index for price increases over the next three months sank to +21 in February from +33 in January and +44 in December

RICS’s chief economist Simon Rubinsohn reportedly said “It is inevitable that over the coming months, April’s stamp duty changes will take a little of the heat out of the investor market”,

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Crowded beaches - Clacton-on-Sea in Essex
Breaking News

1 in 7 consider moving home to manage cooling costs in hotter weather

Two in five adults (40 per cent) say they would prefer to invest in home improvements to reduce overheating from the outset, rather than rely on cooling devices Three in 10 (30 per cent) are concerned about the impact of using electricity for cooling on their energy bills, while over four in 10 (44 per…
Read More →
Breaking News

UK property fall-throughs cost estate agents estimated £2.8m every day

The latest research from GetAgent has found that property fall-throughs are costing UK estate agents an estimated £2.8m per day in delayed or lost commission income, highlighting the substantial financial impact that failed transactions continue to have across the industry. The research analysed residential property transactions that fell through during May 2026, alongside average regional…
Read More →
Breaking News

Where are the UK’s most Instagrammable streets?

· New research from Lloyds reveals the most popular streets on Instagram and TikTok · Bath’s Royal Crescent tops the list, where average house prices are £590,786 · London, Edinburgh, Bristol, Cardiff and Manchester all feature in the top 20 · From £1.66m in Notting Hill to £158,559 near Loch Lomond – picture-perfect streets feature…
Read More →
to let sign 2025
Letting Agent Talk

Northern Ireland emerging as one of the UK’s most attractive long-term rental investments

Northern Ireland rents have increased by approximately 51% over the past five years Tenant enquiries have risen by approximately 33%, highlighting continued demand for quality rental accommodation. Four of the five fastest-growing housing markets in the UK are located in Northern Ireland 26% of landlords in England sold at least one rental property during 2024,…
Read More →
Estate Agent Talk

Homebuyers demand same-day conveyancing updates

New research from Lyons Bowe solicitors reveals that Britain’s homebuyers have little tolerance for poor communication during the conveyancing process, with buyers increasingly expecting same-day updates, prompt responses, and swift notification of any issues that could impact their purchase. The survey of current and recent homebuyers who have purchased a property within the last two years,…
Read More →
Breaking News

Breaking Property News 25/6/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Detecting property moisture defects without invasive or damaging procedures BEST Training, a specialist CPD provider for the built environment, has now launched Module 2 of its advanced course series: Investigating Moisture in Traditional Buildings. The module offers an end-to-end diagnostic curriculum for professionals working…
Read More →