Home Life & Style House sales surge from stamp duty holiday 'last hurrah'

House sales surge from stamp duty holiday 'last hurrah'

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Across the UK, an estimated 160,950 homes changed hands, which was 67.5 percent higher than in August, said HM Revenue and Customs (HMRC). The September total was also 68.4 percent higher than in September 2020.

A stamp duty holiday in England and Northern Ireland was tapered from the start of July and then ended completely at the start of this month.

Sam Mitchell, CEO of online estate agent Strike, said: “The market enjoyed one final stamp duty holiday hurrah.”

While Peter Beaumont, of The Mortgage Lender, said with the furlough scheme now over and interest rates likely to rise before the end of the year, “it could soon be a less attractive time to get on the housing ladder”.



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