Stamp duty holiday spurs 88% increase in sales in East of England

Stamp duty holiday spurs 88% increase in sales in East of England

Sharman Quinney, an estate agency network with 20 branches across Cambridgeshire, Lincolnshire, Northamptonshire and Rutland, saw an 88% increase in sales in August year-on-year.

Almost nine out of 10 of the transactions are subject to no stamp duty, owing to the holiday. To learn more about this story, please click here


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The government announced an increase in stamp duty for second home purchases. Buyers of additional properties, including buy-to-let investments and holiday homes, will face a higher rate of stamp duty compared to primary residences.